Chip Fever: Microsemi Ups PMC Bid Over Apple Supplier

By | November 18, 2015

Scalper1 News

Microsemi (MSCC) and Apple (AAPL) supplier Skyworks Solutions (SWKS) grappled again Wednesday for chipmaker PMC-Sierra (PMCS) amid frenzied industry consolidation that also saw On Semiconductor (ON) agree to buy Fairchild Semiconductor (FCS). On Semiconductor put up a $2.4 billion bid for Fairchild Semiconductor, announced early Wednesday. On Semiconductor stock fell 7.9% in the stock market today on the news, while Fairchild stock was up 8.5%, Scalper1 News

Scalper1 News