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:
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:
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:
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:
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:
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