Month: October 2020

After NVIDIA and AMD, Marvell Technology Goes Shopping With $10 Billion Inphi Takeover

Earlier this year, NVIDIA (NASDAQ:NVDA) announced its intent to purchase chip designer ARM Holdings for $40 billion, and more recently AMD (NASDAQ:AMD) reached an agreement to merge with Xilinx (NASDAQ:XLNX) for $35 billion. 

Not to be left out of the feeding frenzy is Marvell Technology Group (NASDAQ:MRVL), which announced on Thursday it inked a deal to acquire data center and 5G mobile-network hardware provider Inphi (NASDAQ:IPHI) for $10 billion.

An illustrated cloud surrounded by computers.

Image source: Getty Images.

Merger and acquisition activity in the semiconductor industry has accelerated in 2020, and it all has to do with cloud computing and data centers. Back in

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Technology over training for Portadown’s Matthew Tipton

The return of Premiership football to Shamrock Park since 2017 ended in disappointment as Coleraine finished in front by 3-0 on an afternoon which featured red cards for both Tipton and striker Lee Bonis.

a man wearing a suit and tie

© Portadown manager Matthew Tipton. Pic by Pacemaker.

With Tipton’s frustration on the dip in player performance levels compared to the previous derby success over Glenavon, he opted for a fresh approach to kick off preparations heading into today’s trip to Warrenpoint Town.

“It’s not about hammering players but I was disappointed in how we failed to do against Coleraine what had worked so well in

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Why Avid Technology Stock Is Surging Today

What happened

Shares of Avid Technology (NASDAQ:AVID) rose on Thursday after the technology provider to the media and entertainment industry reported its third-quarter results. While revenue was down a bit from the same period last year, sales improved from the second quarter and were ahead of analyst expectations. The stock was up about 11% at 11:25 a.m. EDT.

So what

Avid reported third-quarter revenue of $90.4 million, down 3.2% year over year but about $6.8 million higher than the average analyst estimate. Revenue was up about 14% from the second quarter.

A rising chart.

Image source: Getty Images.

Revenue from subscriptions soared 74%

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China’s leaders vow to become self-reliant technology power

BEIJING (AP) — China’s leaders are vowing to make their country a self-reliant “technology power” as a feud with Washington cuts access to U.S. computer chips and other high-tech components, hampering Beijing’s industrial ambitions.

Leaders of the ruling Communist Party made the announcement Thursday after a meeting to draft a development blueprint for the state-dominated economy over the next five years.

President Xi Jinping’s government is trying to limit damage from the Trump administration’s curbs on technology sales to China in a fight over security and spying. Those threaten to disrupt plans to create Chinese companies able to compete in

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Hercules Technology (HTGC) Q3 Earnings and Revenues Surpass Estimates


3 High-Yield Dividend Stocks Offering at Least 8%; Analysts Say ‘Buy’

America goes to the polls on Tuesday (well, actually, America has been early voting for a few weeks, now), and while Democrat Joe Biden has a solid lead in the polls, there is some of evidence that President Trump may still win a second term. Finally, with all of the early voting, mass absentee ballots, and possible extended counting deadlines, we might not know on Tuesday night who the winner is.It’s a situation made of uncertainty, and financial markets don’t like that. Which brings us to dividend stocks.

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