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Why Cramer Sees Intel Shakeup As A Buy Opportunity In Rival Chipmaker
Thursday, January 14, 2021 - 3:07am | 549Read More...The change of leadership at Intel Corporation (NASDAQ: INTC) presents an opportunity to purchase shares of rival chipmaker Advanced Micro Devices, Inc (NASDAQ: AMD), according to CNBC "Mad Money" host Jim Cramer. What Happened: Intel shares rallied nearly 7% Wednesday after the...
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Achronix Semiconductor In Talks For $2B SPAC Merger Deal: Report
Wednesday, January 6, 2021 - 3:07am | 288Read More...Santa Clara-based Achronix Semiconductor Corp. is discussing a potential merger with special purpose acquisition company ACE Convergence Acquisition Corp (NASDAQ: ACEV), reports Bloomberg. What Happened: The blank check company has initiated talks with investors to raise capital for the...
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Why Qualcomm Shares Surged Over 12% After-Hours Wednesday
Thursday, November 5, 2020 - 12:54am | 368Read More...Qualcomm Inc (NASDAQ: QCOM) shares spiked 12% during the after-hours session Wednesday. The surge came as the chipmaker said it foresees the demand for 5G smartphones to double the shipments next year, with a forecasted range between 450 million to 550 million smartphones. What Happened: ...
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Marvell Confirms Merger With Chipmaker Inphi To Create $40B Entity
Friday, October 30, 2020 - 12:55am | 310Read More...Marvell Technology Group Ltd (NASDAQ: MRVL) on Thursday confirmed its acquisition of semiconductor manufacturer Inphi Corporation (NASDAQ: IPHI). What Happened: The two companies will create a combined entity — with a $40 billion enterprise valuation — where Marvell will hold...
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Nvidia CEO Says Paying 'An Arm And A Leg' For Rival Chipmaker Arm Is Well Worth It
Thursday, October 29, 2020 - 2:40am | 460Read More...Nvidia Corporation (NASDAQ: NVDA) CEO Jensen Huang said Wednesday that while the company's acquisition of rival British chipmaker Arm Ltd. was pricey, the latter's network of customers makes it well worth the cost, Reuters reports. What Happened: Huan made the remark, addressing...
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Chip Merger-Frenzy Continued: Marvell Said To Be Nearing $10B Purchase Of Inphi
Thursday, October 29, 2020 - 12:18am | 364Read More...Semiconductor company Marvell Technology Group Ltd's (NASDAQ: MRVL) talks to acquire chipmaker Inphi Corporation (NASDAQ: IPHI) for $10 billion are nearing a conclusion, according to Bloomberg. What Happened: Of the total purchase consideration, 60% would be settled through stocks and the...
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AMD Nears Deal To Acquire Xilinx At $30B Valuation: WSJ
Friday, October 9, 2020 - 2:13am | 291Read More...Advanced Micro Devices Inc (NASDAQ: AMD) is in late-stage discussions to acquire Xilinx Inc (NASDAQ: XLNX), and a deal could be finalized as soon as next week, according to the Wall Street Journal. The Xilinx acquisition is estimated close to $30 billion, a record valuation in...
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Chipmaker Allegro MicroSystems Files For Nasdaq IPO
Wednesday, October 7, 2020 - 2:49am | 354Read More...Semiconductor manufacturer Allegro MicroSystems LLC is seeking U.S. Securities and Exchange Commission approval for a public offering with a Form S-1 filed on Tuesday. The specifics of the number of shares and the offer price is still uncertain. On approval, Allegro’s common...
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Nvidia Will Purchase Arm — Only If China Lets It
Friday, September 25, 2020 - 2:05am | 498Read More...Nvidia Corporation's (NASDAQ: NVDA) acquisition of British semiconductor company Arm Ltd. is already facing scrutiny in the latter's home country, and the troubles could be even worse in China, CNBC reports. What Happened: While Nvidia is based in the U.S., and Arm in the United...
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Nvidia Purchase Of Arm Faces UK Scrutiny
Monday, September 21, 2020 - 11:57pm | 375Read More...Nvidia Corporation’s (NASDAQ: NVDA) purchase of British chipmaker Arm Ltd from SoftBank Group Corp (OTC: SFTBY) is under the scanner of the United Kingdom government, Reuters reported late Monday. What Happened: The U.K. Digital Minister Caroline Dinenage told lawmakers that Nvidia’s...
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Nvidia's Acquisition Of Arm Proves A Boon For Rival Chipmaker
Friday, September 18, 2020 - 1:32am | 380Read More...Nvidia Corporation’s (NASDAQ: NVDA) $40 billion acquisition deal of the British semiconductor Arm Ltd. is acting as an accelerant for a smaller market rival. What Happened: Patrick Little, CEO and President of SiFive Inc. in an interview with Reuters claimed that customer interest in...
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Arm Co-Founder On Nvidia Deal: Sale To 'Americans' A 'Disaster' For Europe
Monday, September 14, 2020 - 4:31am | 395Read More...Arm Ltd. CEO Hermann Hauser openly criticized Softbank Group Corporation’s (OTC: SFTBY) sale of the chipmaker to Nvidia Corporation (NASDAQ: NVDA) on Monday. What Happened: Hauser claimed in an interview with Reuters that Softbank’s decision to offload stake in the...
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Nvidia Confirms $40B Cash, Stock Deal To Acquire SoftBank Chipmaker Arm
Sunday, September 13, 2020 - 8:29pm | 430Read More...Nvidia Corporation (NASDAQ: NVDA) announced Sunday it was acquiring British chipmaker Arm Ltd from SoftBank Group Corp’s (OTC: SFTBY) Vision Fund, in a transaction valued at $40 billion. What Happened: Under the deal, the Santa Clara, California-based company will fund the purchase of all of...
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Arm Cancels Plan To Spin off Internet Of Things Units To Parent SoftBank
Tuesday, August 25, 2020 - 2:53am | 424Read More...British chipmaker Arm Ltd will not spinoff two of its Internet of Things units to its parent company Softbank Group Corp (OTC: SFTBY), the Wall Street Journal reported Monday. What Happened: The two units — Treasure Data, which makes tools for its customers to...
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Analog Devices Looks To Acquire Maxim Integrated For $20B In All-Stock Deal: WSJ
Monday, July 13, 2020 - 4:44am | 370Read More...Analog Devices Inc (NASDAQ: ADI) is in talks to acquire fellow chipmaker Maxim Integrated Products Inc (NASDAQ: MXIM) in what would be one of the largest merger deals in 2020. What Happened Analog and Maxim are negotiating a $20 billion all-stock deal,...
