Qualcomm deals blow to Broadcom's bid with sweetened NXP deal

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Qualcomm (QCOM) and Samsung Electronics Announce Expansion of Foundry Cooperation on EUV Process Technology

February 22, 2018 5:52 AM EST

Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), today announced their intention to expand their decade-long foundry relationship into EUV (extreme ultra violet) lithography process technology, including the manufacture of future Qualcomm® Snapdragon 5G mobile chipsets using Samsung's 7-nanometer (nm) LPP (Low Power Plus) EUV process technology.

Using 7LPP EUV process technology, Snapdragon 5G mobile... More

Longbow Research Remains Bullish on Broadcom (AVGO) Following Preannouncement

February 20, 2018 7:54 AM EST

Longbow Research reiterated a Buy rating and $315.00 price target on Broadcom Limited (NASDAQ: AVGO) following the company's preannouncement of stronger revenue from its Wired segment. AVGO already pre-announced revenues for the January and April quarters. AVGO acknowledged a greater than normal decline in... More