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Starboard Builds Big Stake in Chip Maker Qorvo
The activist firm run by Jeff Smith owns a 7.7% stake in the chip maker that competes with the likes of Broadcom and Qualcomm.
Activist Investor Starboard Value Takes 7.7% Stake in Chipmaker Qorvo
Starboard Value has built a 7.7% stake in Qorvo, the chipmaker revealed in a filing on Friday, as the activist investor looks to boost the company's weak share price. Shares of the company rose over 8% in premarket trading.
Starboard builds 7.7% stake in chipmaker Qorvo, WSJ reports
Activist investor Starboard Value has built a 7.7% stake in chipmaker Qorvo, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The stake, valued at around $500 million,
Qorvo Stock Soars as Starboard Value Takes Stake in Chipmaker
Key Takeaways Qorvo shares jumped 11% Friday when hedge fund Starboard Value made a significant investment in the maker of radio frequency and power semiconductors.A regulatory filing shows Starboard owns 7.
Qorvo Stock Jumps After Report Says Activist Starboard Builds Stake in Chip Maker
Activist investor Starboard Value has amassed a stake in chip maker Qorvo that’s worth half a billion dollars, according to a report from The Wall Street Journal. Starboard owns 7.7% of Qorvo, the Journal said,
4d
on MSN
The first AI chip startup to go public in 2025 will be Blaize
The rise of Nvidia has spurred renewed investor interest in AI chip startups. One of them, Blaize, founded by former Intel ...
ksn.com on MSN
2d
Wichita chip maker purchased by electronics company
Wichita microchip manufacturer Integra has been purchased by an electronics component company based in New York.
3d
Japan Chip Tool Makers Turn Cautious on China Uncertainty
Japanese chip gear makers trimmed their revenue forecast for fiscal 2025, citing fears of a slowdown in spending in China as ...
4d
on MSN
Nvidia Stock Gains. Why This Analyst Is Lowering Estimates for the AI Chip Maker.
Nvidia is facing issues with the manufacturing of its GB200 NV liquid-cooled rack systems, according to an analyst.
9d
on MSN
World’s largest chip maker, Taiwan Semiconductor Manufacturing, reports record sales
The key supplier of advanced chips for the world’s leading tech companies saw record revenue in the final quarter of 2023.
3d
US blacklists Chinese companies over TSMC chips in Huawei processor
The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including ...
4d
on MSN
CEO of AI chip maker Blaize on the decision to go public
Dinakar Munagala, co-founder & CEO of AI chip maker Blaize, discusses the decision to go public via a SPAC merger, demand ...
ABC News
3d
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer
chip
maker
TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom HONG KONG -- Taiwan computer
chip
maker
TSMC reported Thursday ...
4d
Chip industry groups slam expected rules in private letter to Biden
A half-dozen trade groups from the semiconductor and manufacturing industries sent a private letter to U.S. President Joe ...
2d
on MSN
Windsor food company poised to become Canada's top pita chip maker
“FedDev Ontario is there to help companies scale up,” Ruby Sahota, the federal minister of democratic institutions and ...
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