Featuring INTC’s Q2 expectations; TXN’s single-chip technology; ADI’s amplifier; STM’s latest technology; ONNN’s camera/phone flash drive; and MXIM’s recent partnership.
Today’s Stock Alerts Include: Intel Corp. (Nasdaq: INTC), Texas Instruments Inc. (NYSE: TXN), Analog Devices (NYSE: ADI), STMicroelectronics (NYSE: STM), ON Semiconductor Corp. (Nasdaq: ONNN) and Maxim Integrated Products Inc. (Nasdaq: MXIM).
Intel Corp. (Nasdaq: INTC) Trade Alert – INTC Expected to Post Solid Q2 Results; Optimism Boosts Stock
Chipmaker giant Intel Corp. (Nasdaq: INTC) is expected to post solid performance for the second quarter, which slated to be announced on July 14. Boosting the stock, Barclays analyst Tim Luke said he expects solid results from the chip giant when it reports its second-quarter results, although he remains cautious on the sector, with end-user demand uncertain for later this year.
Also encouraging buying motivation is Morgan Stanley’s increased 2009 profit forecast for the stock. The firm upped its 2009 profit forecast to 79 cents a share from 70 cents, citing higher revenue and wider margins. Meanwhile, Broadpoint AmTech raised the share-price estimate to $19 from $18.
With optimism going on for the stock, the chipmaker recently saw its price jumped 3% to $17.04, the highest price since October 3, on significantly above average volume.
According to a report at TheStreet.com’s RealMoney, Intel’s volume is running well above the daily average and will be the heaviest positive day in eight weeks, and has convincingly taken out the former resistance at the May and June highs and has left behind a solid base.
Intel is engaged in developing advanced integrated digital technology products, primarily integrated circuits, for industries, such as computing and communications. Its primary component-level products include microprocessors, chipsets, motherboards, wired and wireless connectivity.
The company offers products at various levels of integration, allowing its customers the capability to create computing and communications systems. As of December 27, 2008, the company was mainly organized in two segments: Digital Enterprise Group (DEG) and Mobility Group (MG). In July 2008, Impinj Inc. announced the acquisition of Intel’s radio frequency identification operation, a business created by the company’s new business initiatives incubator, and which developed the R1000 RFID reader chip. During the fiscal year ended December 27, 2008 (fiscal 2008), the company completed the divestiture of its NOR flash memory business.
In its recent chart, INTC’s MACD reflects a strong bullish signal, with the indicator above the 9-day moving average signal line, and also above the 0 level, indicating that moving averages are trending higher. With share prices currently above the stock’s 13-day moving average, a bullish trend is indicated. Also, a rising moving average signals that there has been buying interest in this stock. Trading near its upper Bollinger Band, the stock suggests high price relative to its recent price action.
Texas Instruments Inc. (NYSE: TXN) Trade Alert – TXN Introduces Industry’s Smallest Single-chip, High-performance DC/DC Converter
Responding to the telecom industry’s need for high-performance and reliable devices, Texas Instruments Inc. (NYSE: TXN) recently expanded its family of easy-to-use SWIFT(TM) power management integrated circuits (ICs) to introduce the TPS54620, the industry’s smallest single-chip, 6-A, 17-V step-down synchronous switcher with integrated field-effect transistors (FETs), the Control Engineering Web site reported.
In the report, Steve Anderson, senior vice president of Texas Instruments’ Power Management business unit, made the following statement, “As telecommunications designs become more dense and complex, they need more integrated, highly efficient power management devices that support a 12-V power rail. We continue to develop smaller, more robust SWIFT converters, so designers can more quickly develop differentiated products for the market.”
Additionally, the TPS54620 features a highly accurate voltage reference with +/- 1% accuracy over temperature, which underscores a high degree of performance and reliability, the report said. The device reportedly achieved a 95% power conversion efficiency and a 25% lower Rds(on) than previous 6-A SWIFT devices.
Texas Instruments is engaged in designing and producing semiconductors that it sells to electronics designers and manufacturers. The company is organized in four segments: Analog, Embedded Processing, Wireless and Other. Texas Instruments sells two general categories of semiconductor products: custom and standard. A custom product is designed for a specific customer for a specific application, is sold only to that customer and is typically sold directly to the customer. A standard product is designed for use by many customers and/or many applications and is generally sold through both distribution and direct channels.
In May 2008, the company acquired Commergy Technologies Ltd., an Ireland-based power supply reference design provider that specializes in energy efficient and compact architectures. In June 2008, the company acquired Innovative Design Solutions (IDS), which develops analog chips and integrated solutions.
In its recent chart, TXN’s Bollinger Bands indicate a relatively stable condition as reflected by tighter than normal band width. Trading within its Bollinger Bands, the stock reflects neither an overbought nor oversold condition relative to its recent price trend. MACD currently reflects weak bearish signal, with the indicator above the critical level of 0 but has crossed below its 9-day signal line, indicating that positive momentum has begun to slow. With share prices currently above the stock’s 13-day moving average, a bullish trend is indicated. Also, a rising moving average signals that there has been buying interest in this stock.
Analog Devices (NYSE: ADI) Trade Alert – ADI Introduces Ultra-low-Noise Amplifier
Norwood, Mass.-headquartered Analog Devices (NYSE: ADI) unveils the AD8432, an ultra-low-noise amplifier designed for high channel count, wide-bandwidth communications and medical applications that require up to 200 MHz of bandwidth combined with a high channel count and variable gains, the Enhanced Online News Web site reported.
According to the report, the ultra-low-noise amplifier is available with selectable gain matching, which combination with low noise enables the amplifier to detect and resolve low-level input signals, and active impedance matching which reduces signal reflection by matching signal-source and amplifier-input impedances without compromising input-noise performance.
Analog Devices’ AD8432 amplifier boasts of superior noise performance, lower per-channel cost and nearly three times the bandwidth of competing products.
Additionally, the device’s packaging features an exposed paddle that provides a low thermal-resistance path to the PCB (printed circuit board), enabling more efficient heat transfer and increases reliability, the report said.
The AD8432 packaging features an exposed paddle that provides a low thermal-resistance path to the PCB (printed circuit board), which enables more efficient heat transfer and increases reliability.
For more information, visit http://www.analog.com/pr/AD8432.
In unrelated news, the chipmaker saw its shares jump last week following an upgrade by Raymond James analyst, attributable to its recent cost cuts.
Raising his rating to Strong Buy from Market Perform, with a target price of $32, analyst J. Steven Smigie said the company is “getting into fighting shape” by cutting expenses, which could boost its margins.
Analog Devices is engaged in the designing, manufacturing and marketing of analog, mixed-signal and digital signal processing integrated circuits (ICs) used in industrial, communication, computer and consumer applications. The ICs are designed to address a range of signal processing applications. During the fiscal year ended November 1, 2008, the company completed the selling of baseband chipset business and related support operations to MediaTek Inc. and the sale of the central processing unit (CPU) voltage regulation and personal computer (PC) thermal monitoring business to the subsidiaries of ON Semiconductor Corp.
In its recent chart, ADI’s MACD currently reflects weak bearish signal, with the indicator above the critical level of 0 but has crossed below its 9-day signal line, indicating that positive momentum has begun to slow. With share prices currently above the stock’s 13-day moving average, a bullish signal is indicated, weakened by significant liquidating volume as reflected by downward sloping moving averages. Trading within its Bollinger Bands, the stock reflects neither an overbought nor oversold condition relative to its recent price trend.
STMicroelectronics (NYSE: STM) Trade Alert – STM Leverages Technology to Deliver the Industry’s Highest Density Memories
Utilizing its advanced non-volatile memory technology, STMicroelectronics (NYSE: STM) is offering the 2 mm x 3 mm x 0.6 mm 8-pin Micro Leadframe Package (MLP)-packaged 512-Kbit EEPROM Series, the industry’s highest density memory. Also, the 512-Kbit devices offer compatibility with memories of lower density, allowing designers to upgrade products quickly and efficiently by changing devices without redesigning the board.
The Geneva, Switzerland-headquartered company is the world’s largest supplier of serial EEPROMs.
According to the report, the non-volatile storage in low-pin-count packages feature is suitable for many consumer, industrial, medical and communication products. With a built-in byte-mode erasing capability, the devices allow easy parameter update, while the 128-byte page write, together with 5ms write time, results in rapid programming of assembled boards on the production line, the report said.
With a read current as low as 2 mA and stand-by current less than 5 microamps, the report says new memories save energy in power-sensitive equipment such as battery-powered personal media devices or professional portable instruments.
A 256-Kbit device will reportedly be available in the fourth quarter of this year.
STMicroelectronics N.V. is a global independent semiconductor company that designs, develops, manufactures and markets a range of semiconductor products used in a range of microelectronic applications, including automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation and control systems. The products of the company are manufactured and designed using a range of manufacturing processes and design methods.
The company uses all of the prevalent function-oriented process technologies, including complementary metal-on silicon oxide semiconductor (CMOS), bipolar and nonvolatile memory technologies. In addition, it has developed advanced systems-oriented technologies to produce differentiated and application-specific products, including bipolar CMOS technologies (BiCMOS) for mixed-signal applications, and diffused metal-on silicon oxide semiconductor (DMOS) technology and bipolar, CMOS and DMOS (BCD technologies).
In its recent chart, STM’s MACD currently reflects weak bearish signal, with the indicator above the critical level of 0 but has crossed below its 9-day signal line, indicating that positive momentum has begun to slow. With share prices currently above the stock’s 13-day moving average, a bullish signal is indicated, weakened by significant liquidating volume as reflected by downward sloping moving averages. Bollinger Bands indicate a relatively stable condition as reflected by tighter than normal band width. Trading within its Bollinger Bands, the stock reflects neither an overbought nor oversold condition relative to its recent price trend.
ON Semiconductor Corp. (Nasdaq: ONNN) Trade Alert – ONNN Unveils NCP5680 Supercapacitor-optimized LED Flash Driver for Ultra-Slim Camera Phones and Digital Cameras
ON Semiconductor Corp. (Nasdaq: ONNN) recently delivered the industry’s first 10A supercapacitor-based LED flash driver, which delivers an ideal LED flash and power management solution for slim camera phones and digital cameras when combined with an ultra-thin prismatic supercapacitor, according to Marie-Therese Capron, ON Semiconductor director of low voltage power management products.
According to the report, the NCP5680, an integrated LED Flash and power management solution offered in a 0.55 mm low-profile package extends battery life and significantly improves digital photo quality.
“This total LED flash solution supplies comparable light energy to xenon flash, but with only half of the comparable solution height, and no need for an extra LED for video capture. Because the NCP5680 enables the Lithium-ion battery to support more power-hungry functions for a longer time, this new supercapacitor-based power management solution enables smart phones to offer ever richer functionality,” Capron said in a release.
With an I2C interface, the report says NCP5680 allows users to adjust the output current and flash duration of each of the two LEDs in real time. NCP5680 also features multiple built-in protection mechanisms, including flash time out, temperature detection, overload protection and short circuit protection.
ON Semiconductor is a leading global supplier of high performance, energy efficient, silicon solutions.
For additional technical information, visit http://www.onsemi.com or contact Helene Acrosse at helene.acrosse@onsemi.com.
ON Semiconductor is a global supplier of power, analog, digital signal processing, mixed signal, advanced logic, data management semiconductors, memory and standard component devices. It designs, manufactures and markets semiconductor components that address the design needs of electronic systems and products.
The company operates through five segments: automotive and power regulation, computing, digital and consumer, standard products and custom and foundry product group. The company’s power management semiconductor components controls, converts, protects and monitors the supply of power to the different elements within a range of electronic devices. These products fall into the logic, analog and discrete categories used by the World Semiconductor Trade Statistics (WSTS) group. On March 17, 2008, the company completed the acquisition of AMIS Holdings, Inc. On October 10, 2008, the company acquired Catalyst Semiconductor, Inc.
In its recent chart, ONNN’s MACD currently reflects weak bearish signal, with the indicator above the critical level of 0 but has crossed below its 9-day signal line, indicating that positive momentum has begun to slow. With share prices currently above the stock’s 13-day moving average, a bullish trend is indicated. Also, a rising moving average signals that there has been buying interest in this stock. Trading within its Bollinger Bands, the stock reflects neither an overbought nor oversold condition relative to its recent price trend.
Maxim Integrated Products Inc. (Nasdaq: MXIM) Trade Alert – MXIM-TOMEN Electronics Partnership Expands Reach into Japanese Market
Maxim Integrated Products Inc. (Nasdaq: MXIM) recently announced it has expanded its distribution agreement with TOMEN Electronics Group to include Japan. The latter has reportedly earned a reputation as a reliable, well-managed distributor in Japan.
Sunnyvale-headquartered Maxim has been engaged with TOMEN Electronics Group as a distributor in Asia for several years, establishing successful partnership in China, India and ASEAN countries (which include Brunei, Cambodia, Indonesia, Laos, Malaysia, Singapore, Thailand, Vietnam, Myanmar and Philippines).
Commenting on the expanded relationship, Matt Murphy, Maxim’s vice president of Worldwide Sales, said in a press release, “We were already working with TOMEN Electronics Group, so it made sense to expand our relationship into a new country where they were already a success.”
According to Murphy, TOMEN Electronics Group is already engaged with most major OEMs, is well positioned in the broad customer base, and has also a strong presence in the automotive, consumer, gaming, communications and industrial markets.
“Our companies align well on the end markets Maxim is targeting,” Murphy said.
Maxim designs, develops, manufactures and markets a broad range of linear and mixed-signal integrated circuits, commonly referred to as analog circuits, for geographically diverse customers.
Maxim also provides a range of high-frequency process technologies and capabilities that can be used in custom designs. The linear and mixed signal products serve the industrial, communications, consumer and computing end-markets. Maxim employs a system addressing quality and reliability of the products from initial design through wafer fabrication, assembly, testing and final shipment.
On October 29, 2007, the company completed the acquisition of the storage products division of Vitesse Semiconductor, Inc (Vitesse). In January 2008, the company announced the ramp down and eventual closure of its wafer fab in Dallas. In February 2009, the company acquired Zilog Inc.’s universal remote control hardware and secure transaction businesses.
In its recent chart, MXIM’s Bollinger Bands indicate a relatively stable condition as reflected by tighter than normal band width. Trading within its Bollinger Bands, the stock reflects neither an overbought nor oversold condition relative to its recent price trend. MACD currently reflects weak bearish signal, with the indicator above the critical level of 0 but has crossed below its 9-day signal line, indicating that positive momentum has begun to slow. With share prices currently above the stock’s 13-day moving average, an indication of a bullish trend is generally considered.
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