TMCnet News

Semiconductor Stocks on Investors' Radar -- Integrated Device Technology, Maxim Integrated Products, Inphi, and Mellanox Technologies
[August 30, 2016]

Semiconductor Stocks on Investors' Radar -- Integrated Device Technology, Maxim Integrated Products, Inphi, and Mellanox Technologies


NEW YORK, August 30, 2016 /PRNewswire/ --

Stock-Callers.com today has on its radar the following Broad Line Semiconductor equities: Integrated Device Technology Inc. (NASDAQ: IDTI), Maxim Integrated Products Inc. (NASDAQ: MXIM), Inphi Corp. (NYSE: IPHI), and Mellanox Technologies Ltd (NASDAQ: MLNX). These companies design, manufacture, and market semiconductor products used in computer systems, automobiles, telecommunications, and consumer products. Learn more about these stocks by downloading their comprehensive and free reports at:

http://stock-callers.com/registration

Integrated Device Technology  

On Monday, shares in San Jose, California headquartered Integrated Device Technology Inc. recorded a trading volume of 1.59 million shares. The stock ended the day at $20.10, which was a decline of 1.08%. The Company's shares are trading below their 50-day moving average by 1.77%. Furthermore, shares of Integrated Device Technology, which designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, consumer, automotive, and industrial end-markets worldwide, have a Relative Strength Index (RSI) of 50.97.

On August 18th, 2016, research firm JP Morgan initiated an 'Overweight' rating on the Company's stock, issuing a target price of $26 per share.

On August 23rd, 2016, Integrated Device Technology announced a new high-performance computing solution for telecommunications "edge" networks that combines its RapidIO technology with IBM's POWER8-based servers. The computing cluster can be used at the edge of wireless 4G advanced and 5G networks for a variety of data-intensive applications including networked robotics control, network-assisted private and public transportation, and video analytics and caching. IDTI complete research report is just a click away and free at:

http://stock-callers.com/registration/?symbol=IDTI

Maxim Integrated Products  

San Jose, California headquartered Maxim Integrated Products Inc.'s stock finished yesterday's session 0.61% lower at $40.83, with a total volume of 1.38 million shares traded. The Company's shares have gained 0.94% in the last one month, 8.43% over the previous three months, and 10.24% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.13% and 13.48%, respectively. Furthermore, shares of Maxim Integrated Products, which designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits in the US, China, other countries in Asia, Europe, and internationally, have an RSI of 63.93.

On August 18th, 2016, Maxim Integrated Products announced that it has elected MaryAnn Wright and Tracy Accardi to its Board of Directors, effective immediately. With these two appointments, the size of Maxim's Board increased from seven to nine directors. Ms. Wright serves as Group Vice President, Technology and Industry Relations at Johnson Controls. Ms. Accardi has served as Vice President of Global Research and Development, Breast and Skeletal Health Solutions at Hologic since 2014. The complimentary report on MXIM can be downloaded at:

http://stock-callers.com/registration/?ymbol=MXIM 



Inphi  

At the closing bell on Monday, shares in Santa Clara, California headquartered Inphi Corp. saw a slight decline of 0.36%, ending the day at $41.99. The stock recorded a trading volume of 431,688 shares. The Company's shares have surged 19.36% in the last one month, 34.63% in the previous three months, and 55.40% since the start of this year. The stock is trading 17.88% above its 50-day moving average and 36.88% above its 200-day moving average. Moreover, shares of Inphi, which provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide, have an RSI of 63.77.


On August 8th, 2016, Inphi announced that revenue from continuing operations in Q2 2016 was $60.5 million on a GAAP basis, up 22%, compared to $49.5 million in Q2 2015. The company's GAAP net income from continuing operations for Q2 2016 was $0.9 million, or $0.02 per diluted common share, compared to GAAP net loss from continuing operations of $0.5 million, or ($0.01) per diluted common share, in Q2 2015.

On August 09th, 2016, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $40 a share to $44 a share. Sign up for your complimentary research report on IPHI at:

http://stock-callers.com/registration/?symbol=IPHI 

Mellanox Technologies  

Yokneam, Israel headquartered Mellanox Technologies Ltd's stock ended the day 0.74% higher at $43.58, with a total volume of 219,648 shares traded. The Company's shares have gained 3.42% on an YTD basis. The stock is trading 5.05% below its 50-day moving average. Additionally, shares of Mellanox Technologies, which manufactures, and sells interconnect products and solutions, have an RSI of 49.84.

On August 23rd, 2016, Mellanox Technologies announced the opening of its new APAC headquarters and solutions centre in Singapore. "Mellanox Technologies' headquarters in Singapore will be our first physical presence in Asia outside of China and Japan, hosting groups of business professionals and engineering teams," said Charlie Foo, vice president and general manager, Asia/Pacific Mellanox Technologies. Get free access to your research report on MLNX at:

http://stock-callers.com/registration/?symbol=MLNX

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number:  +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Chelmsford Park SA


[ Back To TMCnet.com's Homepage ]