Cree Acquires Infineon RF Power Business
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/18/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Tech selloff weighs down Wall Street as bond yields climb
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Francisco Partners to acquire Weave Communications for $650M
Cree (CREE) Surges Higher on RF Deal
March 6, 2018 11:47 AM ESTCree (NASDAQ: CREE) pushes to high following earlier RF acquisition. Shares are up 10.5% on volume that is running 5x the norm.
Analysts have talked up the deal.
... MoreDeutsche Bank Positive on Cree (CREE) RF Business Acquisition
March 6, 2018 10:57 AM ESTDeutsche Bank analyst Vishal Shah weighed in on Cree (NASDAQ: CREE) after the company announced that it acquired assets of Infineons RF business for ~345M.
"We believe Infineons RF assets provides Cree increasing access to customers such as Ericsson, Huawei, Nokia... More
