68.83 +0.11 (0.16%)
Pre-Market: 6:55AM EDT
|Bid||68.42 x 1200|
|Ask||69.92 x 1100|
|Day's Range||67.90 - 69.12|
|52 Week Range||49.10 - 90.34|
|Beta (3Y Monthly)||1.59|
|PE Ratio (TTM)||36.28|
|Earnings Date||Jul 31, 2019|
|Forward Dividend & Yield||2.48 (3.71%)|
|1y Target Est||88.77|
SAN FRANCISCO/WASHINGTON (Reuters) - Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said. Executives from top U.S. chipmakers Intel and Xilinx Inc attended a meeting in late May with the Commerce Department to discuss a response to Huawei's placement on the black list, one person said. The ban bars U.S. suppliers from selling to Huawei, the world's largest telecommunications equipment company, without special approval, because of what the government said were national security issues.
After Broadcom cut its forecast sparking a chip stock selloff, one analyst warns that things might get worse.
The company is in protracted licensing talks with phone-services provider Verizon Communications Inc. and is in a dispute with chipmaker Qualcomm Inc. over the value of patents. Huawei also lodged claims against Harris Corp. after the defense contractor sued it last year alleging infringement of patents for networking and cloud security.
Investing.com - The S&P; 500 closed flat on Friday as firmer retail sales pointing to underlying strength in the U.S. economy were countered by a slump in chip stocks, led by Broadcom.
Investing.com - Broadcom fell sharply Friday, sending chip stocks lower after the company delivered an ominous outlook and reported revenue that fell short of estimates.
CyberArk (CYBR) and CNA's new program will educate companies on the types of security gaps and possible threats along with providing additional privileged access-related services to policyholders.
Online pet-products retailer Chewy is expected to price its IPO, and chipmaker Broadcom will report earnings Thursday.
New Rumor: Apple Interested in Intel’s German Modem Business(Continued from Prior Part)The relationship between Apple, Intel, and Qualcomm Apple (AAPL) has been using Intel’s (INTC) 4G (fourth generation) modems in its iPhones since 2016 along
After years of developing technology with a supplier, the iPhone maker pulls the plug on the collaboration. It then buys up that business, which has limited prospects without Apple’s custom, and continues the development in-house. It happened last year with Dialog Semiconductor Plc, the maker of power-management chips.
Sales of LG Electronics Inc's new 5G smartphone looked uncertain on Wednesday after the firm said it was unable to narrow differences with Qualcomm Inc to renew a chip licence deal that is due to expire this month. In a U.S. court filing late on Tuesday, the South Korean firm opposed Qualcomm's efforts to put a sweeping U.S. antitrust decision against it on hold, arguing setting the ruling aside could force it into signing another unfair deal. "If Qualcomm does not participate in negotiations with LGE in accordance with the Court’s Order, LGE will have no option but to conclude licence and chipset supply agreements once again on Qualcomm's terms," LG's filing in the federal court in San Jose, California said.
The Korean company said that it is negotiating chip supply and patent license agreements with Qualcomm and could be forced into signing another unfair deal unless a federal judge's protections remain in place. The filing in federal court in San Jose, California, came shortly after the U.S. Federal Trade Commission also opposed Qualcomm's efforts, saying that it was in the public interest to let the antitrust ruling stand because an appeal could take years. Both filings stem from a May 21 decision by U.S. District Judge Lucy Koh that would drastically alter the business model of Qualcomm, which supplies modem chips to connect phones to mobile data networks but makes most of its profit through licensing patents.
Micron's (MU) Automotive-Grade UFS portfolio will address the requirement of high-density, high-throughput and low-latency storage associated with infotainment systems in connected vehicles.
Will the Huawei Restrictions Hurt US Chip Stocks?US-China trade warExactly a month ago, on May 10, President Donald Trump increased tariffs on Chinese imports worth $200 billion. With this move, the US-China trade war took an ugly turn as China
Even as the Department of Justice and Federal Trade Commission investigate big tech, nothing will happen quickly beyond press releases and speculation.
Let's see what's going on with Broadcom at the moment and what to expect from its Q2 fiscal 2019 financial results that are due out Thursday, June 13 to see if now might be time to buy AVGO stock.
Chinese exporters have another two weeks to get some products to the U.S. before tariffs are increasing, according to a U.S. government notice.
Marvell (MRVL) stretches its alliance with SoftBank Group subsidiary, Arm, to expedite the development of its ThunderX embedded processors.
Mike Finley, CEO of internet service provider Boingo, told Yahoo Finance On the Move that 5G is necessary and "not something that happened overnight."