92.82 0.00 (0.00%)
After hours: 6:03PM EDT
|Bid||92.75 x 1200|
|Ask||92.82 x 1200|
|Day's Range||92.61 - 93.65|
|52 Week Range||67.62 - 123.24|
|Beta (3Y Monthly)||1.29|
|PE Ratio (TTM)||13.81|
|Earnings Date||May 1, 2019 - May 6, 2019|
|Forward Dividend & Yield||1.00 (1.08%)|
|1y Target Est||102.63|
MILPITAS, Calif., March 19, 2019 -- Integrated Silicon Solution, Inc. a leader in advanced memory solutions, today announced the adoption of HyperFlash™ memory.
Shares of semiconductor giant Qualcomm Inc. (NASDAQ:QCOM) are little-changed this year, making QCOM stock a laggard compared to the widely followed PHLX SOX Semiconductor Sector Index, which is up about 20% this year.Source: Shutterstock QCOM stock is the fifth-largest holding in that index, and the stock is starting to show some signs of life. This month, Qualcomm stock has risen by 9%, thanks in part to some favorable legal news regarding the company's contentious, long-running litigation against Apple Inc. (NASDAQ:AAPL). * 5 Chip Stocks on the Rise On Mar. 15, San Diego-based Qualcomm "announced that a jury in the U.S. District Court for the Southern District of California found that "Apple's iPhone 7, 7 Plus, 8, 8 Plus and X infringe two Qualcomm patents," according to a statement issued by QCOM. "The jury awarded Qualcomm $31 million in damages for infringement of the patents from July 6, 2017, the date the lawsuit was filed, through the end of the trial. The three infringed patents cover technologies invented by Qualcomm in San Diego," the company reported.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn another important, though less publicized, ruling, Qualcomm scored a legal win in Japan after the Japan Fair Trade Commission (JFTC) ruled that QCOM is not a monopoly."Following a nine-year evidentiary proceeding, the JFTC concluded that Qualcomm's cross-licensing provisions and non-assertion covenants that were the subject of the cease-and-desist order did not violate Japanese antimonopoly law," the commission said in a statement. Beyond the CourtroomClearly, legal issues have been hanging over QCOM stock. It is also clear that the shares are responding well to the parting of some of those clouds, but there is more to the Qualcomm stock story than legal matters.As indicated by its relationship with Apple, QCOM is a major supplier of chips to the smartphone market. Last year, the growth of the smartphone market slipped a bit, but the sector is expected to bounce back this year."Continued developments from emerging markets, mixed with potential around 5G and new product form factors, will bring the smartphone market back to positive growth," research firm IDC said in a statement. "IDC expects year-over-year shipment growth of 2.6% in 2019. Over the long-term, smartphone shipments are forecast to reach 1.57 billion units in 2022."Meanwhile, QCOM has significant exposure to the 5G phenomenon. While 5G is garnering plenty of press this year, its rollout is not expected to commence in earnest until 2020, and it appears Qualcomm will be ready.Investors in QCOM stock could benefit from the proliferation of 5G. By some accounts, to solidify its 5G offerings, AAPL will need to bury the hatchet with Qualcomm.Qualcomm's recently revealed Snapdragon X55 5G modem gives the company a leg up in the 5G market, one that extends beyond smartphones."Qualcomm claims that the X55's flexibility should make it a better fit for a much broader range of devices," according to The Verge, a technology news website. "While the X50 (the device the X55 is replacing) is tailored towards smartphones and Wi-Fi hotspots, Qualcomm has spent more time tailoring the architecture of the X55 towards a wider range of devices ranging from always-connected PCs to cars." Qualcomm's CashIn an effort to acquire rival NXP Semiconductors (NASDAQ:NXPI), Qualcomm amassed $40 billion in cash, but when that deal was scuttled last year, QCOM pledged to use $30 billion to repurchase shares of QCOM stock, meaning the company still has about $10.3 billion in cash on hand.Not only is Qualcomm's share-buyback program serving the goal of reducing the amount of Qualcomm stock outstanding, but with the number of shares outstanding falling to 1.22 billion in the current quarter from 1.41 billion in Q4, Qualcomm's dividend expenses are declining as well.QCOM stock has a forward dividend yield of about 4.38%, which is higher than rival semiconductor makers of comparable size. QCOM has increased its dividend in recent years, but that growth could end if the company's free cash flow does not increase.As of this writing, Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Qualcomm Stock Is Becoming More Attractive appeared first on InvestorPlace.
Rumors swirled Samsung was considering a bid, but Samsung denied the report while NXPI did not comment. While the market seems to favor Samsung currently, I think Intel would be the forerunner, if anyone.
Today we're going to take a look at the well-established NXP Semiconductors N.V. (NASDAQ:NXPI). The company's stock received a lot of attention from a substantial price increase on the NASDAQGSRead More...
Chipmakers the world over will closely follow the takeover of the data center equipment specialist for any indication that regulators, particularly in China, are again willing to approve semiconductor transactions. Intel Corp. is likely to cast a keener eye than most. The industry’s acquisitions spree came to a grinding halt in 2018 after China failed to approve Qualcomm Inc.’s planned $44 billion purchase of NXP Semiconductors NV.
NXP Stock Jumps 11% on Acquisition RumorsNXP stock jumps 11% on acquisition rumors NXP Semiconductors (NXPI) stock rose 11% after hours yesterday following rumors of South Korean tech giant Samsung’s (SSNLF) interest in NXP. InvestChosun, citing
NXP Semiconductors N.V. (NXPI) today announced that, as part of the Quarterly Dividend Program, its board of directors has approved the payment of interim dividend for the first quarter of 2019 of $ 0.25 per ordinary share. The interim dividend will be paid on April 5, 2019 to shareholders of record as of March 18, 2019. Cash dividends will be subject to the deduction of Dutch dividend withholding tax at the rate of 15 percent, which may be reduced in certain circumstances.
The Latest on Enterprise Software and Semiconductor Giants(Continued from Prior Part)A finance-focused CEO takes the driver’s seatMorgan Stanley recently turned bullish on Intel (INTC), upgrading its rating on the stock to “overweight” from
How US-China Trade Talks Are Affecting Semiconductor Stocks(Continued from Prior Part)Tech companies involved in the trade negotiationsPreviously in this series, we saw that China (FXI) has committed to buying $1.2 trillion of US goods to reduce the
Should You Buy Qualcomm at the Dip?(Continued from Prior Part)Qualcomm’s efficiency ratiosIn this series, we’ve learned that Qualcomm’s (QCOM) stock continued to fall as its earnings were hit by weak smartphone demand and loss of modem orders
News Highlights NXP announces i.MX 8M Nano – power-optimized, scalable, multi-core heterogeneous applications processors built in advanced 14nm LPC FinFET processPin-compatible.
NUREMBERG, Germany, Feb. 26, 2019 -- (Embedded World 2019) – NXP Semiconductors N.V. (NASDAQ: NXPI), the world’s largest supplier of automotive semiconductors1, today announced.
BARCELONA, Spain, Feb. 26, 2019 -- NXP Semiconductors N.V. (NASDAQ: NXPI), today announced it has joined the O-RAN Alliance, an organization that promotes radio access networks.
NÜRNBERG, Germany, Feb. 26, 2019 -- (Embedded World 2019) — NXP Semiconductors N.V. (NASDAQ: NXPI), a technology and market leader in next-generation automotive.
News Highlights NXP announces certification from Arm Platform Security Architecture (PSA) certification scheme, PSA Certified and Security Evaluation Scheme for IoT Platforms.
News Highlights Production-ready solution qualified by the Alexa Voice Service (AVS) for a broad range of embedded Internet-of-Things (IoT) edge applicationsLow latency,.
Third Point is pleased with how Nestle has started disposing of non-core assets, including its U.S. confectionery business, with plans to use proceeds for mergers and acquisitions, it said in letter to investors Thursday. The letter didn’t mention Third Point’s intentions when it came to Nestle’s board. Representatives for Third Point and Nestle declined to comment.
Will Qualcomm Settle Its Multiyear Headwinds in 2019?(Continued from Prior Part)Cash flow Qualcomm (QCOM) reported GAAP (generally accepted accounting principles) net income of -$4.9 billion in fiscal 2018 as it paid high litigation expenses,
Will Qualcomm Settle Its Multiyear Headwinds in 2019?(Continued from Prior Part)GAAP and non-GAAP net income Qualcomm’s (QCOM) operating income fell despite its cost savings as its revenue fell faster than its costs in the first quarter of fiscal
Will Qualcomm Settle Its Multiyear Headwinds in 2019?Qualcomm fails to impressMobile chip giant Qualcomm (QCOM) was once a favorite of long-term investors, offering large stock buybacks and a dividend yield of up to 5%.Qualcomm generates stable
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Today we'll evaluate NXP Semiconductors N.V. (NASDAQ:NXPI) to determine whetherRead More...