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May 28, 2014
07:32 EDTTQNT, ROG, MKSI, SNPS, NVMI, CCMP, UTEK, SMCI, NANODA Davidson to hold a conference
6th Annual 1-1 Technology Forum to be held in New York on May 28.
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November 23, 2015
11:09 EDTNVMINova Measuring management to meet with Needham
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November 20, 2015
11:13 EDTNANOIntel, semi equipment stocks rise following chip giant's guidance
Intel (INTC) is climbing after the chip maker said at its analyst day meeting yesterday that it expects its revenue to grow by a mid-single digit percentage in fiscal 2016, up from a decline of 1% this year. On the heels of yesterday's meeting, research firm JMP Securities upgraded its rating on the stock to Outperform, saying that the company's margins and revenue are poised to climb next year. WHAT'S NEW: After conducting checks at a trade show and investor event, JMP Securities analyst Alex Gauna wrote that Intel's outlook in the cloud has improved, while its execution risk has dropped. Discussing Intel's outlook in the server chip market, Gauna wrote that the tech giant "has made significant strides" with its Xeon, Xeon Phi and Atom chips, even as rival ARM-based servers are growing more slowly than expected. Moreover, Intel is benefiting from the strong performance of its 2-in-1 notebooks, data center offerings, and enterprise PCs, Gauna reported. He believes that the chip maker's earnings are bottoming, while its revenue and margins are poised to rebound next year. Gauna raised his fiscal 2016 earnings per share estimate for the company to $2.45 from $2.10. Analysts' consensus estimate is $2.35. Gauna set a $45 price target on Intel. WHAT'S NOTABLE: Noting that Intel had predicted that its capital spending would jump 37% in 2016, KeyBanc said that this news is positive for semiconductor equipment stocks. According to the firm, Applied Materials (AMAT), Lam Research (LRCX) and Nanometrics (NANO) all have high exposure to Intel. It recommended that investors buy those stocks. PRICE ACTION: In late morning trading, Intel advanced 2% to $35, while Applied Materials rose fractionally, Lam Research gained 0.8%, Nanometrics added 1.7% and Rudolph Technologies (RTEC) jumped 4%.
08:18 EDTNANOChip equipment names have positive read through from Intel, says Pacific Crest
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November 18, 2015
08:01 EDTROGFurey Research Partners to hold a conference
Hidden Gems Conference is being held in New York on November 18.
November 17, 2015
16:08 EDTSNPSSynopsys notifies on unauthorized access to web portal
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November 16, 2015
17:18 EDTSMCISuper Micro Computer backs Q2 EPS view 54c-64c, consensus 59c
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