Scalper1 News
Intel (INTC) might acquire Broadcom (BRCM) to speed up its expansion into wireless and communications networking, speculates Nomura Securities in its 2014 semiconductor outlook. Nomura analyst Romit Shah also upgraded Micron Technology (MU) and Xilinx (XLNX) to buy ratings and downgraded Texas Instruments (TXN) and SanDisk (SNDK) to sell. He upgraded Intel to neutral. “Intel’s guidance seems doable for the first time in a while,” wrote Shah in a Scalper1 News
Scalper1 News