We also saw a bullish crossover from the indicators back in January as the stock was taking off. In addition to the bullish cross from the stochastics, the Tickeron AI Trend Prediction tool also generated a bullish signal on Broadcom on March 11.The signal showed a confidence level of 87% and past predictions have been accurate 65% of the time. Broadcom has really strong fundamentals.

Analysts are still trying to figure out what Nvidia Corporation’s $6.9 billion acquisition of Mellanox Technologies Ltd. could mean for the long term, as the two companies’ businesses overlap very little. Nvidia is famous for its state-of-the-art graphics oriented chips.Over the years, it has seen an upsurge of its usage and relevance across new workloads, especially in data center markets including applications in high-performance computing and artificial intelligence. Mellanox, on the other hand, specializes in networking chip and card making and has very little to do with actual computing.

On Monday, U.S. semiconductor giant Nvidia said that it will buy Israeli multinational company Mellanox Technologies for $6.8 billion in cash. Mellanox is a supplier of networking products for computer servers, and is a cloud-computing chip specialist whose market capitalization stood at $5.9 billion as of Friday’s close.The deal would be Nvidia’s biggest-ever acquisition. 

Intel (NASDAQ: INTC) has another major security issue on its hands, according to The Register citing a new research paper from the Worcester Polytechnic Institute and the University of Lübeck. Read More...

Personal computing and printing company HP Inc. reported fiscal first-quarter 2019 revenue, which fell short of analysts’ estimates, The company’s earnings, however, managed to match expectations. HP Inc.’s sales from its personal systems segment increased +2.3% year-over-year to $9.66 billion in the fiscal first quarter, compared to analysts’ average estimate of $9.74 billion (based on Refinitiv data).Net income of $803 million was lower than the year-ago quarter’s $1.94 billion. For the full fiscal year 2019, HP Inc, reaffirmed its earnings forecast in the range of $2.12 to $2.22 per share.

Intel (NASDAQ: INTC) ends its partnership to share its 5G modem chips with Tsinghua Unigroup unit Unisoc, China's second largest chipmaker. Read More...

Intel is back in favor on Wall Street. The stock ripped higher on Friday after Morgan Stanley turned bullish on the chipmaker for the first time in seven years, upgrading it to overweight.The firm citing the permanent transition of Robert Swan as CEO, as well as a number of other fundamental developments for its new price target of $64 – which implies more than 24 percent upside from the stock’s current levels.

He also raised price target for Intel stock to $64 a share from $55 a share, while expressing optimism about the chipmaker’s interim CEO Bob Swan, referring to him as “a more financially oriented CEO”. Swan took over the role of CEO around January-end, following the June 2018 resignation of Brian Krzanich.According to Intel, Krzanich violated Intel's non-fraternization policy.  Swan, 58, had served as chief financial officer at eBay Inc. for nine years, before joining Intel in 2016. With regards to the rating upgrade, Moore also appreciated what he felt was Intel’s increased focus on free cash flow over earnings, alongwith better M&A accretion.

The first batch of 5G phones is right around the corner, but Qualcomm is already preparing for the follow-up.It's introducing a Snapdragon X55 modem that should make 5G more viable in the real world. READ MORE...

In a high voltage negotiation between the presidents of the world’s two largest economies — U.S. and China — the leaders reached a temporary truce to address the trade imbalance. US President Donald Trump agreed to maintain a 10% tariff on $200 billion worth of Chinese goods and to not raise them to 25%, for now.In return, China confirmed its intentions to buy a substantial quantity of various categories of goods, like agriculture or energy, from the U.S to help reduce trade disputes between the two countries. In light of this agreement, China’s economic-planning agency proposed to make large purchases of U.S. semiconductors with a target set at $200 billion over the next six years – a five-fold increase over current exports.

The outlook for the semiconductor sector may be turning positive.Analysts are expecting chip demand to hit bottom before picking up later this year. Read More...

In its latest third quarter earnings report, SoftBank, the Japanese multinational holding conglomerate, released information about its withdrawal of entire its stake in chipmaker Nvidia - worth $3.63 billion. This is yet another setback for the Silicon Valley based Nvidia, which has recently witnessed its share price slash by half in the past four months as demand for its crypto-mining chips dried up.Despite the stake sell, Nvidia shares were up by 1.5% after the market opening on Wednesday.

SoftBank Group Corp. is buying back as much as 600 billion yen ($5.5 billion) of stock, as founder Masayoshi Son steps up efforts to close the disparity between what he thinks the company is worth and its market value. Read More...

One of the biggest shareholders of Advanced Micro Devices Inc. (AMD) said that it sold common shares of the semiconductor company, while planning to convert warrants into equity shares. On Tuesday, Abu Dhabi’s sovereign wealth fund Mubadala Investment Co. said that it sold 34.9 million common equity shares in AMD.The state-owned fund also mentioned plans to convert 75 million warrants, which would provide $448.5 million to AMD (according to Mubadala Investment).

ON Semiconductor Corp. (ON - Free Report) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.48 per share.These figures are adjusted for non-recurring items. READ MORE...

Cypress Semiconductor Corp. shares jumped +8% on Friday, following the company’s earnings report release post-market close on Thursday. The semiconductor company reported adjusted earnings of 35 cents a share for the fourth quarter, beating Zacks Consensus Estimate by 2 cents.The company’s revenue for the full year climbed +7% from the previous year, to touch $2.5 billion.  The company’s projections for 2019 include first-quarter revenue in the range of $520 million and $550 million, and adjusted earnings of 22 cents per share for the period. Cypress' CEO Hassane El-Khoury indicated that the company would continue to focus on the following markets: Internet of Things (Internet-connected devices), automotive and industrial.

Intel (INTC) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2018.This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. READ MORE...

Chipmaker Micron confirmed on Monday afternoon after the close that it was exercising its option to buy out Intel's  share of a joint venture the two companies had to produce flash memory.  Micron had said in mid-October that it planned to exercise its option to pay $1.5 billion to acquire Intel's 49% stake in IM Flash Technologies.READ MORE...

Further, the cryptocurrency boom gave AMD’s graphics business a much-needed boost. For a long time, AMD’s processors were far behind Intel’s, but it is rapidly closing the gap with the second generation Ryzen.In a live demonstration using performance-testing tool Maxon Cinebench R15, an eight-core Ryzen chip managed a performance comparable to Intel's i9-9900K using 30% less power. But the performance of these new chips across the full spectrum of PC workloads is unclear until evaluation from third-party reviewers. Regarding pricing, top-tier mainstream second-generation 2700X Ryzen chip sells for $329, a full $200 less than Intel's flagship chip.

The semiconductor sector has been hit particularly hard in the recent market decline, but Broadcom (Nasdaq: AVGO) has held up better than most.The stock did gap sharply lower back in July, but has been rallying since then. The daily chart shows a particular bullish formation has formed in the last three months and that is a Three Rising Valley pattern.