Ruben Roy

Qorvo Inc (NASDAQ: QRVO) stock traded higher by 6 percent Wednesday after the company easily beat fiscal fourth-quarter earnings and revenue estimates. Qorvo reported revenue of $681 million, gross margin of 48.2 percent and operating income of $167 million. Qorvo said the fourth quarter was even...

Cirrus Logic, Inc. (NASDAQ: CRUS) reported a marginal beat in its fiscal fourth quarter Wednesday and announced fiscal first-quarter revenue guidance in-line with expectations. Although the company continues to face near-term challenges, its customer diversification is encouraging and there are...

Micron Technology, Inc. (NASDAQ: MU) shares traded higher by 9 percent Thursday after the chipmaker reported second-quarter earnings and revenue beats. The results were a pleasant surprise for investors concerned about the impact of a memory supply glut glut driven by a softening global smartphone...

Broadcom Inc (NASDAQ: AVGO) shares are seeing a nice lift following the release of its fiscal first-quarter results. The Analysts UBS Securities analyst Timothy Arcuri maintained a Buy rating for Broadcom and raised the price target from $275 to $300. Raymond James analyst Chris Caso reiterated a...

Cypress Semiconductor Corporation (NASDAQ: CY) provided an update on its Cypress 3.0 strategy at a Wednesday analyst day event. With a focus on the IoT and automotive markets, the company has raised its longer-term gross margin and operating margin targets, according to MKM Partners. The Analyst...

Marvell Technology Group Ltd. (NASDAQ: MRVL) reported fourth-quarter results that were mostly in-line with management's preannouncement but first-quarter guidance fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts MKM...

NVIDIA Corporation (NASDAQ: NVDA) stock jumped 9 percent after hours Thursday after the company reported earnings and revenue beats. Nvidia reported fourth-quarter revenue of $2.21 billion, slightly above consensus estimates but down 24 percent from a year ago. Nvidia said it expects fiscal 2020...

Apple Inc. (NASDAQ: AAPL) supplier Skyworks Solutions Inc (NASDAQ: SWKS) reported in-line first-quarter results and announced a $2-billion stock buyback program Tuesday.  The Analysts BMO Capital Market's Ambrish Srivastava maintained an Outperform rating on Skyworks and raised...

ON Semiconductor Corp (NASDAQ: ON) reported fourth-quarter results Friday that were broadly in-line with expectations. Although the company’s near-term outlook is adversely impacted by macro weakness, its longer-term prospects remain intact, according to MKM Partners. The Analyst Analyst...

Advanced Micro Devices, Inc. (NASDAQ: AMD) stock jumped by more than 15 percent Wednesday after the company reported in-line earnings per share numbers in a difficult semiconductor environment. AMD’s Q4 revenue and Q1 guidance were both slightly below Wall Street consensus estimates, but...

Maxim Integrated Products Inc. (NASDAQ: MXIM) reported weaker-than-expected second-quarter results and announced disappointing March quarter guidance Tuesday, citing a soft demand environment. Although estimates have been lowered accordingly, the company witnessed a return of bookings to normal...

Intel Corporation (NASDAQ: INTC) reported mixed fourth-quarter results, which fell short of expectations on the revenue line while management's first-quarter revenue guidance also fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print....

Xilinx, Inc. (NASDAQ: XLNX), a supplier of programmable logic devices including best known for inventing the field-programmable gate array and the first fabless manufacturing model, reported a top-and-bottom line beat in its fiscal third-quarter results. Here is a summary of how some of the Street...

Micron Technology, Inc. (NASDAQ: MU) stock is down nearly 40 percent in the past six months, but one Wall Street analyst said Thursday that a softer near-term outlook does not impact the longer-term bullish thesis for the stock.  The Analyst MKM Partners analyst Ruben Roy reiterated a Buy...

Despite the sell-side's neutral take ahead of Broadcom Inc (NASDAQ: AVGO)'s fiscal-year fourth-quarter results, the company beat earnings estimates and issued upbeat revenue guidance for the full-year 2019. The company declared a $2.65 per share dividend, up from the prior $1.75 dividend....