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MediaTek Unveils New AIoT Platform Stack and Introduces the Genio 1200 AIoT Chip Canada NewsWire With the MediaTek Genio platform stack, designers and OEMs can bring differentiated and secure intelligent devices to market faster SCOTTSDALE, Ariz. , May1...
Silicon Motion (NASDAQ:SIMO) could see bidding war after MaxLinear (NASDAQ:MXL) agreed to acquire the company for more $114/share in cash and stock, according to Craig-Hallum. SIMO shares jumped 17.5% on the deal news. Silicon Motion (SIMO) could be an attractive acquisition target ...
MaxLinear (NASDAQ:MXL) near sessions lows, plunging 19%, as investors appeared to be rejecting its announced $3.7 billion purchase of Silicon Motion (NASDAQ:SIMO). Silicon Motion jumped 18%. MaxLinear (MXL) was cut to market perform from outperform by Northland analyst Tim Savageau...
Update 8:04am: Updates shares after halt lifted. MaxLinear (NASDAQ:MXL) confirmed it agreed to purchase Silicon Motion (NASDAQ:SIMO) for about $3.8 billion, or $114.34 in stock and cash. SIMO jumped 17% in premarket trading, while MXL fell 3%. Silicon Motion (SIMO)...
Update 6:56am: Adds trading halts for SIMO and MXL. Silicon Motion (NASDAQ:SIMO) soared 13% in after hours trading on report that MaxLinear Inc. (NASDAQ:MXL) is in talks to purchase the chipmaker. Trading in SIMO and MXL was halted for news pending on Thursday morning. A deal may be anno...
Qualcomm restored semiconductor investors' confidence with an impressive double beat on its FQ2'22 earnings card. It also issued robust guidance. The company's diversification strategy is progressing well. In addition, its durable growth profile assuaged investors' concerns over poten...
MediaTek Inc. (MDTKF) Q1 2022 Earnings Conference Call April 27, 2022, 3:00 AM ET Company Participants Rick Tsai – Chief Executive Officer David Ku – Chief Financial Officer Jessie Wang – Deputy Director, Investor Relations Conference Call Participants Randy Abrams ȁ...
Silicon Motion (NASDAQ:SIMO), which reportedly is exploring a sale after takeover interest, could be an "easy tuck-in" candidate for most fabless design houses, according to a Wedbush analyst. SIMO jumped 9.2%. Microchip Technology (MCHP), Marvell (MRVL) and Broadcom (AVGO) may be potential b...
Qualcomm stock has been battered recently as China's COVID headwind reared its head once again. Investors are concerned about the impact on Qualcomm's smartphone revenue with its Chinese smartphone customers. However, we believe these headwinds to be transitory and not structural....
The Invesco QQQ ETF has recovered remarkably from its recent bottom. However, we think the NASDAQ would begin consolidating at the current levels for a while. We discuss how investors should think about allocating exposure between predictable growth and speculative growth stocks. ...
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MediaTek to Unveil Products for Chromebooks, Smart TVs and Displays at COMPUTEX 2024, Highlighting Demonstrations in AI Processing PR Newswire Vice Chairman and CEO Dr. Rick Tsai to share the company's vision for ubiquitous AI at COMPUTEX 2024 HSINCHU , May 3...
MediaTek's Dimensity 7300 Chips Level Up AI and Mobile Gaming for High-Tech Smartphones and Foldables PR Newswire HSINCHU , May 29, 2024 /PRNewswire/ -- MediaTek today announced the Dimensity 7300 and the Dimensity 7300X, a pair of ultra-efficient 4nm chips for h...
MediaTek Boosts Flagship Smartphone Performance with Dimensity 9300+ SoC PR Newswire New chip speeds up generative AI processing at the edge to run LLMs faster HSINCHU , May 6, 2024 /PRNewswire/ -- MediaTek today unveiled the Dimensity 9300+, the latest f...