|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's Range||77.44 - 80.34|
|52 Week Range||67.68 - 141.60|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||22.86|
|Earnings Date||Apr 21, 2020|
|Forward Dividend & Yield||1.48 (1.87%)|
|Ex-Dividend Date||Feb 09, 2020|
|1y Target Est||96.10|
Finding top semiconductor stocks to buy involves understanding the health of markets that purchase chips for their products. Chip stocks have risen on hopes for a 2020 market recovery.
Just as the semiconductor industry was poised to spring back from a cyclical downturn, the coronavirus crisis threatens its recovery. Some segments are better off than others though.
A group representing major United States semiconductor companies on Wednesday said it was working with federal officials to make clear to state and local officials overseeing lockdowns that chip companies are essential businesses that should continue operations. In a blog post, the Semiconductor Industry Association, which represents chipmakers with major U.S. factories such as Intel Corp and Micron Technology Inc, said it was working with the U.S. Department of Homeland Security to refine the guidance sent to state and local officials last week. "Ensuring the continuity of semiconductor and related supply chains is necessary to support the even greater range of services that will be digitized in the coming weeks and months," he wrote.
Goldman Sachs analyst Toshiya Hari made a series of updates to his chip-sector ratings Tuesday, upgrading Intel Corp. shares to neutral from sell and Xilinx Inc. shares to buy from neutral. He also downgraded Texas Instruments Inc.'s stock to sell from neutral and removed Applied Materials Inc.'s stock from Goldman's conviction list while keeping a buy rating on that stock. On Intel, Hari said that "structural challenges remain" for the company but there are some potentially positive developments ahead, including strength in the high-end client CPU and server CPU markets due to the growing work-from-home trend. On Xilinx, Hari argues that the stock's "material underperformance" in recent months "should provide relative support in what is expected to be a time of heightened uncertainty," along with some positive business trends. For Texas Instruments, he worries that the company's vertically integrated model will hurt its margins and he also sees the possibility of share losses. Intel's stock is up 6.6% in Tuesday's session, while Xilinx shares are up 5.9%, Texas Instruments shares are up 4.2%, and Applied Materials shares are up 10%. The S&P 500 is up 6.1% in the session while the Dow Jones Industrial Average is up 6.9%.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
The best 5G stocks to invest in will change over time. Apple's 5G iPhone launch will be key in 2020. But, the consumer smartphone market will evolve into broader 5G wireless business opportunities.
Xilinx, Inc. (NASDAQ: XLNX) today announced Versal™ Premium, the third series in the Versal ACAP portfolio. The Versal Premium series features highly integrated, networked and power-optimized cores and the industry's highest bandwidth and compute density on an adaptable platform. Versal Premium is designed for the highest bandwidth networks operating in thermally and spatially constrained environments, as well as for cloud providers who need scalable, adaptable application acceleration.
Nvidia earnings are booming again. Nvidia stock is once again a chip leader. But is it a good buy as it outperforms in the coronavirus stock market sell-off?
Xilinx, Inc. (NASDAQ: XLNX) today announced the industry's first SmartNIC platform delivering true convergence of network, storage and compute acceleration functions on a single device. The Alveo™ U25 SmartNIC is designed to bring the greater efficiency and lower TCO benefits of SmartNICs to cloud service providers, telcos, and private cloud data center operators struggling with increasing networking demands and rising costs. The U25 combines a highly optimized SmartNIC platform with a powerful and flexible FPGA-based engine that supports full programmability and turnkey accelerated applications. The U25 delivers a comprehensive SmartNIC platform to address the industry's most challenging demands and workloads such as SDN, virtual switching, NFV, NVMe-oF, electronic trading, AI inference, video transcoding, and data analytics.
(Bloomberg) -- Huawei Technologies Co., the Chinese technology giant barred from doing business with U.S. suppliers, is finding a way around the strict limits imposed by the Trump administration.The Commerce Department, citing national security concerns, has largely forbidden American companies from selling Huawei the computer chips it needs to make a piece of equipment integral to newly introduced high-speed wireless networks. In response, China’s largest technology company ramped up its own capabilities to manufacture the gear, which is known as a base station.In a sign that the self-reliance is working, Huawei in the fourth quarter sold more than 50,000 of these next-generation base stations that were free of U.S. technology, according to Tim Danks, the U.S.-based Huawei executive responsible for partner relations. That’s only about 8% of the total base stations that Huawei’s sold as of February, but the company is quickly ramping up at its secretive HiSilicon division to make more of these American component-free devices, Danks said.“It’s still our intention to return to using U.S. technology,” he said. The longer Huawei goes without access to U.S. suppliers, the more unlikely it is to be able to return to using them, Danks added.A base station is a typically suitcase-sized piece of machinery that’s used to help connect wireless phones to fixed-line networks carrying internet traffic, and it’s an essential ingredient in the next, or fifth, generation of mobile networks. Popular among telecommunications providers, Huawei’s base stations are widely considered among the most reliable for the price.Read about how Trump’s blacklisting of Huawei is failing to halt its growth.U.S. officials accuse Huawei of stealing valuable intellectual property and violating a trade embargo with Iran. The Trump administration blacklisted the company last year, saying there’s a risk Huawei could give Beijing access to sensitive data coursing through telecommunications networks that employ its gear. Huawei has denied the allegations. Critics also said the U.S. government imposed the sanctions to hobble China’s leadership in key aspects of 5G technology.As of early February, Huawei had shipped about 600,000 5G base stations to mobile phone companies racing to upgrade networks to the new standard, which is designed to deliver data at faster speeds to a broad range of wirelessly connected devices -- not just mobile handsets. Most of these base stations were made using stockpiled chips bought before the ban.While Huawei doesn’t disclose its suppliers, base stations typically rely on a kind of processor called a field programmable gate array that’s made by Intel Corp., a chipmaking colossus based in Santa Clara, California, and Xilinx Inc., in neighboring San Jose. Those chips provide flexibility that makes it easier to update machines as new standards and features are added. Huawei’s chips are application-specific, meaning they’re tailored to particular functions and it takes more time and money to replace them. That’s a disadvantage at a time when new technology, such as 5G, is in its infancy and still subject to big changes.Read more: Huawei Engineers Go to 24-Hour Days to Beat Trump BlacklistThe U.S. initially clamped down on all shipments of U.S. supplies to Huawei, which had spent more than $10 billion a year on U.S. products, but later began making some exceptions. Xilinx and fellow chipmakers Micron Technology Inc. and Broadcom Inc. have all reported falling earnings on reduced or eliminated sales to Huawei.Attempts by the U.S. to persuade European and other allied countries to ban Huawei equipment have fallen short, and chipmakers in Asia and Europe continue to supply it.For their part, American chipmakers have argued that banning the supply of parts that Huawei can get elsewhere is counterproductive, saying that the lost revenue crimps research and development budgets and the ability to produce the best chips in the future. Huawei’s HiSilicon chip unit designs semiconductors and has them manufactured by industry-leading plants owned by Taiwan Semiconductor Manufacturing Co. But Washington is even now said to be looking into ways to curb the world’s largest contract chipmaker on grounds of national security, and deprive Huawei of its largest semiconductor manufacturing partner.The Chinese company led the market for base stations with a 28% share last year, according to New Street Research. The investment company predicts demand for that equipment will rise this year with the 5G network buildout. Nokia Oyj and Ericsson AB are its two largest competitors in this market.How Huawei Landed at the Center of Global Tech Tussle: QuickTake(Updates with details of TSMC’s role in the 11th paragraph)\--With assistance from Gao Yuan.To contact the reporter on this story: Ian King in San Francisco at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Tom Giles, Edwin ChanFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Accenture is a global IT services firm that derives 54% of its revenue from outside of the U.S., primarily from Europe. The stock is down 12.2% year-to-date, and analyst Jason Kupferberg recently said Accenture is a top-tier global IT business that will likely continue to gain market share over the long-term. Unfortunately, he said the stock’s valuation is bloated and unjustified given the company’s slowing consulting bookings growth and lower revenue growth outlook in fiscal 2020.
Intel (INTC) introduces broad portfolio to accelerate 5G network implementation. This move challenges Qorvo, and other semiconductor players involved in bringing 5G mainstream in 2020.
Two seemingly different issues — the ongoing 5G network rollout and the coronavirus — are causing confusion and disappointment for many tech investors this earnings season so far and they are now becoming intertwined.
Xilinx, Inc. (NASDAQ: XLNX) today announced that it has been notified of an unsolicited "mini-tender" offer by TRC Capital Investment Corporation to purchase up to 1.5 million shares of its common stock (approximately 0.6 percent of outstanding shares) at $81.75 per share.
Although the long-term prospects of Xilinx, Inc. (NASDAQ: XLNX ) seem solid, the current Street estimates for another couple of quarters have more downside risk than upside potential, according to Wells ...
Xilinx, Inc. (NASDAQ: XLNX), the leader in adaptive and intelligent computing, today announced a range of new and advanced machine learning (ML) capabilities for Xilinx devices targeted at the professional audio/video (Pro AV) and broadcast markets. Additionally, Xilinx unveiled the industry's first demonstration of a programmable HDMI 2.1 implementation on its 7nm Versal™ devices. Xilinx is showcasing these capabilities and more at Integrated Systems Europe (ISE) 2020, taking place this week in Amsterdam. These and other highly adaptable Xilinx solutions for the Pro AV and broadcast markets are designed to help customers reduce costs and future proof investments while keeping pace with new usage models and evolving industry standards.
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Xilinx, Inc...
Chipmaker Silicon Labs on Wednesday missed Wall Street targets for sales and earnings in the fourth quarter as semiconductor stocks continue to post mixed results this earnings season.