Tag Archives: atml

Apple Chip Suppliers Plunge On Shaky Dialog Q4 View

Apple (AAPL) chip suppliers tumbled Monday on Wall Street after a German iPhone 6S chip supplier guided Q4 revenue growth down to single digits, a day before Apple is expected to report colossal earnings. Dialog Semiconductor’s 20% dip in shares could also hurt its $4.6 billion attempt to acquire Silicon Valley chip gear maker Atmel (ATML). In September, Dialog valued Atmel at $10.42 per share. Now, the deal is worth 20% less. In early trading,

Atmel Soars As Dialog, An Apple Chipmaker, To Buy It

Atmel (ATML) stock gapped up by double digits Monday after Apple (AAPL) chipmaker Dialog Semiconductor announced a $4.6 billion plan to acquire the Silicon Valley chip gear maker. FBR analyst Christopher Rolland predicted the acquisition in June. “We deemed Atmel our No. 1 takeout candidate, with 61% higher 2016 EPS expected once these synergies are realized,” he wrote in a research report Monday. The $4.6 billion offer, which equates to $10.42

Atmel Looking More Like Buyout Candidate

A day after Reuters reported that chipmaker Atmel (ATML) has hired a firm to explore strategic alternatives including a possible sale, one analyst increased his price target on Atmel stock. FBR Capital Markets analyst Christopher Rolland, in a research report Tuesday, raised his price target on Atmel stock to 12 from 10, saying the company “remains our top takeout candidate.” Rolland says suitors could include Qualcomm (QCOM), Avago Technologies