Scalper1 News
Integrated Device Technology (IDTI) stock was up in after-hours trading Monday, more than recouping regular-session losses, after the chipmaker posted Q2 earnings that beat Wall Street expectations and announced an acquisition. The San Jose, Calif.-based chipmaker said it will purchase privately held ZMDI for $310 million. ZMDI (Zentrum Mikroelektronik Dresden AG), which has its U.S. operations in Milpitas, Calif., near IDT, offers the buyer Scalper1 News
Scalper1 News