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Stock Market & Financial Investment News

News Breaks
May 20, 2014
06:50 EDTAMDAMD to acquire SATA Express IP from ASMedia, DigiTimes reports
AMD is said to be cooperating with ASMedia Technology to integrate transmission interfaces such as SATA Express IP into its next-generation platform, reports DigiTimes. According to sources from the upstream supply chain, the partnership will bring ASMedia income from licensing fees and the partnership should begin contributing profits in 2015. Reference Link
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August 18, 2014
10:29 EDTAMDGoldman cuts sector view on semiconductors to Cautious
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08:04 EDTAMDSemiconductors sector downgraded to Cautious from Neutral at Goldman
Goldman downgraded the Semiconductors sector to Cautious given signs the cycle is turning based on expectations for a slowdown in semiconductor revenue growth, above trend semi unit shipments that should normalize, and stretching lead times. As a result, the analyst sees risk to Q4 estimates and sees further downside of 10%-25% for the SOX (SOX) and downgraded NXP Semiconductors (NXPI) to Sell from Neutral, InvenSense (INVN) to Neutral from Buy, and removed Maxim Integrated (MXIM) from the Conviction Buy List.

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