Tag Archives: brcm

Avago Spikes On Broadcom Talks; Stock In Buy Area

Apple (AAPL) chip supplier Avago Technologies (AVGO) is in advanced talks to acquire Broadcom (BRCM), according to multiple reports. “It isn’t clear what terms the companies are discussing or when a deal could be inked — if there’s one at all,” reported the Wall Street Journal, which broke news of the talks. Bloomberg and Reuters also reported a deal was close, with some saying an agreement could be announced Thursday. Broadcom has a market cap

9 chip stocks riding on Apple Watch

Teardowns of the Apple Watch are revealing which chip companies won Apple’s (AAPL) business for the new smartwatch. ABI Research broke open a sealed S1 processor in the Apple Watch to learn which chip companies supplied components. In a report posted Thursday, ABI said that the S1 chipset included chips from Broadcom (BRCM), NXP Semiconductors (NXPI), SanDisk (SNDK) and STMicroelectronics (STM). The brains of the Apple Watch also included chips from AMS, Dialog Semiconductor, Integrated Device Technology (IDTI), Analog Devices (ADI) and the Elpida unit of Micron Technology (MU). Those chips run the gamut from wireless communications and flash memory to sensors. “A few of (the) key surprises in the design are two touch-controller design wins for ADI and the IDT wireless charging receiver,” ABI said. One loser was InvenSense (INVN), which lost the accelerometer-gyroscope component business to STMicroelectronics, the tech company Chipworks reported in its teardown….

Broadcom Product Transition Gains With ‘Bullish’ Q1

Broadcom (BRCM) stock rose and the company got at least five price target hikes after its Q1 earnings beat late Tuesday provided what analysts said was an endorsement of its product transition, as it regains momentum in core markets. Broadcom stock was up more than 4% in the stock market today, just under 46. Earlier, Broadcom stock touched a more than four-year high above 46. It’s part of IBD’s 56-company Electronics-Semiconductor Fabless group,