Sony's (NYSE: SONY) PlayStation 5 console is winning the sales battle against Microsoft's (NASDAQ: MSFT) Xbox Series X. But that isn't surprising. Sony's huge installed user base and an impressive catalog of exclusive gaming titles were supposed to tip the scales in the PS5's fav
In this video I will be talking about Intel (NASDAQ: INTC) and why I believe the company might turn it around. In the last couple of years, Intel has been losing market share to AMD (NASDAQ: AMD) and NVIDIA (NASDAQ: NVDA), but it feels as if the company has reached rock bottom, a
4 Top Tech Stocks To Watch Before MondayIn today’s stock market, investing in tech stocks may not be the toughest task, provided you know what you’re investing into. The industry ranges from tech giants such as Alphabet Inc (NASDAQ: GOOGL) to emerging tech companies s
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in FireEye Inc (Symbol: FEYE), where a total volume of 47,970 contracts has been traded thus far today, a contract volume which is representative of approximately
The popularity of mining Bitcoin and other cryptocurrencies has increased attention on the shortage of semiconductors, which are used in the computers that mine cryptocurrency. While chip stocks have surged higher as prices have risen for this critical tech component, cryptocurr
Bitcoin prices have crashed from levels of around $62,000 in mid-April to just about $33,000 as of Tuesday. The sell-off has been driven by multiple factors including China’s crackdown on Bitcoin trading and mining and Tesla’s surprise reversal of its decision on acce
Zoom Video's first-quarter revenue soars, but the stock stays grounded. Etsy (NASDAQ: ETSY) plans to buy Depop, a secondhand-fashion app, for $1.6 billion. In this episode of MarketFoolery, Motley Fool analyst Tim Beyers analyzes those stories, as well as Taiwan Semiconductor's (
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Daily Semiconductor Bull 3X Shares, where 8,600,000 units were destroyed, or a 6.8% decrease week over week. Among the largest underlying
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Technology Select Sector SPDR— Fund (Symbol: XLK) where we have detected an approximate $168.1 million dollar outflow -- that's a 0.4% dec
Programmable devices and related technologies provider Xilinx Inc. (XLNX) has acquired Silexca, a privately-held provider of C/C++ programming and analysis tools. The terms of the transaction remained undisclosed.
Silexica’s solutions enable developers to build applications on FPGAs and Adaptive SoCs. Xilinx will be integrating these tools and solutions with the Xilinx Vitis platform which will reduce the learning curve for software developers.
Salil Raje, Executive Vice President and General Manager, Data Center Group, Xilinx said, “Software programmability is imperative to our long-term goal to accelerate the path from software to application-optimized hardware systems.” (See Xilinx stock analysis on TipRanks)
Raje added, “Silexica’s technology complements our existing Vitis solution and roadmap and will accelerate our ability to attract a wider range of developers seeking to leverage our heterogeneous computing architectures.”
Silexica’s SLX FPGA suite utilizes synthesis tools from Xilinx which allows designing at higher abstraction, faster simulation, and high-level optimizations.
Silexica former CEO Maximilian Odendahl added, “The integration of our technology with the Xilinx Vitis portfolio fully aligns with our goal of making adaptive computing accessible to software developers.”
Last month, Rosenblatt Securities analyst Hans Mosesmann reiterated a Hold rating on the stock and a $130 price target.
The pending all-stock acquisition of Xilinx by AMD for $35 billion is expected to close by the end of 2021. Mosesmann commented, “We continue to believe the AMD takeover of Xilinx is a great strategic fit that gets the combined companies to address a $110 billion TAM.”
Based on 5 unanimous Holds, consensus among analysts is a Hold. Shares have gained about 32.1% over the past year.
Intel (NASDAQ: INTC) is the leading manufacturer of central processing units (CPUs) for laptops, desktops, and data center servers. After launching the world's first microprocessor in 1971, Intel rose to prominence in the 1980s as its x86 chip architecture became the industry sta
U.S. stocks were little changed on Monday as investors remained on the fence ahead of key inflation data later this week, while heavyweight technology shares largely shrugged off a deal by the world's richest nations on a global minimum corporate tax.
When Intel (NASDAQ: INTC) brought on a new CEO in February, some investors began asking whether the stock might now be a buy. The company led the PC semiconductor chip market in decades past but some management missteps amid the decline in PC sales created a situation where Intel
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GameStop (NYSE: GME) has been in the spotlight after the share price soared to the stratosphere earlier this year. Normally, stocks make big moves when business is booming, but in this case, GameStop's surge had nothing to do with actual business performance. Instead, it was caus