Semiconductor- Memory Chips

(SNDK) SanDisk Beats First Quarter Earnings Forecast – Guidance Upbeat

SanDisk Corp. (SNDK) reported first-quarter 2013 adjusted earnings of 78 cents per share, surpassing the Zacks Consensus Estimate of 70 cents. Adjusted or non-GAAP earnings per share exclude amortization of acquisition-related intangible...

21Apr2013 | | Comments Off on (SNDK) SanDisk Beats First Quarter Earnings Forecast – Guidance Upbeat | Continued

(SNDK) Will SanDisk’s First Quarter Earnings Beat?

We expect memory chip maker SanDisk Corp. (SNDK) to beat expectations when it reports first quarter 2013 results on Apr 17.

Why a Likely Positive Surprise?

Our proven model shows that SanDisk is likely...

15Apr2013 | | Comments Off on (SNDK) Will SanDisk’s First Quarter Earnings Beat? | Continued

(SNDK) SanDisk Upgraded to Strong Buy

On Apr 2, 2013, Zacks Investment Research upgraded SanDisk Corp. (SNDK) to a Zacks Rank #1 (Strong Buy).

With a stellar fourth quarter 2012 performance, better visibility of NAND growth and growing demand for solid state drives...

8Apr2013 | | Comments Off on (SNDK) SanDisk Upgraded to Strong Buy | Continued

(MU) Micron Technology Sets a New 52-Week High

Shares of Micron Technology Inc. (MU) reached a 52-week high of $10.27 on Friday, Mar 22, 2013. Micron shares gained momentum following solid guidance provided in its second-quarter 2013 results announced the day before. Expected synergies...

28Mar2013 | | Comments Off on (MU) Micron Technology Sets a New 52-Week High | Continued

(MU) Micron Technology Earnings Preview

Micron Technology Inc. (MU) is scheduled to announce its first-quarter fiscal 2013 results after markets close on December 20, 2012. In the run up to the earnings release, we notice no movements in estimates.

Fourth Quarter...

23Dec2012 | | Comments Off on (MU) Micron Technology Earnings Preview | Continued

(SNDK) SanDisk Corporation – Bull of the Day

SanDisk Corp. (SNDK) posted stellar third quarter results with both the bottom and top lines surpassing the Zacks Consensus Estimates. Though the results came below the year-ago levels, the sequential comps were better than expected....

12Nov2012 | | Comments Off on (SNDK) SanDisk Corporation – Bull of the Day | Continued

(RMBS) Rambus Signs Patent Deal With Fujitsu Semiconductor

Rambus Inc. (RMBS) signed a patent licensing agreement with Fujitsu Semiconductor Ltd. for an undisclosed sum. Per the terms of the agreement, Fujitsu can use Rambus’ patented technology for its integrated circuit products for six...

2Oct2012 | | Comments Off on (RMBS) Rambus Signs Patent Deal With Fujitsu Semiconductor | Continued

(RMBS) Rambus to Restructure Operations

Massive restructuring plans are in store for technology licensing company Rambus Inc. (RMBS), as it strives to bring down costs and generate positive cash flows.

After a detailed study, Rambus found that cutting down on its...

27Aug2012 | | Comments Off on (RMBS) Rambus to Restructure Operations | Continued

(SNDK) SanDisk Corporation Unveils Two Product Suites

SanDisk Corp. (SNDK) recently unveiled two product suites targeted to improve the computing and mobile computing experience. The newly launched USB (Universal Serial Bus) flash drive suite and Memory Card have been made available...

25Jun2012 | | Comments Off on (SNDK) SanDisk Corporation Unveils Two Product Suites | Continued

(RMBS) Rambus LED Solution for Fern Howard

Earlier this week, Rambus Inc. (RMBS) signed a patent licensing agreement with Fern Howard for an undisclosed sum. Alton, Hampshire-based Fern Howard is a recognized producer of energy efficient lighting solutions.

Per the...

19Apr2012 | | Comments Off on (RMBS) Rambus LED Solution for Fern Howard | Continued

(RMBS) Rambus Suffers Another Legal Blow

Technology licensing company Rambus Inc. (RMBS) received an untoward ruling for a lawsuit filed for patent infringement, by a judge at the International Trade Commission (ITC). In the initial verdict, the judge mentioned that the...

6Mar2012 | | Comments Off on (RMBS) Rambus Suffers Another Legal Blow | Continued

(RMBS) Rambus and MediaTek in Licensing Deal

Rambus Inc. (RMBS) signed a patent licensing agreement with MediaTek Inc. for an undisclosed sum, yesterday. Per the terms of the agreement, MediaTek can use Rambus’ patented technology for its integrated circuit products for five...

6Mar2012 | | Comments Off on (RMBS) Rambus and MediaTek in Licensing Deal | Continued

(SNDK) SanDisk Fourth Quarter 2011 Earnings Preview

SanDisk Corp. (SNDK) is scheduled to announce its fourth quarter fiscal 2011 results on January 25, 2012 after market close, and we do not see any variation in the analysts’ estimates at this point.

Looking Back

SanDisk...

26Jan2012 | | 0 comments | Continued

(RMBS) Rambus and Broadcom in Licensing Deal

Rambus Inc. (RMBS) recently signed a patent licensing agreement with Broadcom Corp. (BRCM) for an undisclosed sum. Per the terms of the agreement, Broadcom can use...

24Dec2011 | | 0 comments | Continued

(MU) Micron Technology Announces Self-Encryption Secures RealSSD C400

Micron Technology Inc. (MU) recently unveiled the newest version of RealSSD C400 with a Self-Encrypting Drive (SED). The latest iteration of the highly coveted solid state drive (SSD) is the memory chip manufacturer’s means to woo...

23Sep2011 | | 0 comments | Continued

(SNDK) Sandisk Unveils New Products

Storage solutions company Sandisk Corporation (SNDK) recently rolled out a number of retail products and introduced a new preservation solutions category. SanDisk’s product portfolio addresses all market segments—from mobile phones...

20Sep2011 | | 0 comments | Continued

(MU) Micron Technology to Offer Chips to Alcatel

Memory chip manufacturer Micron Technology Inc. (MU) will offer its advanced Reduced Latency DRAM (RLDRAM) 3 memory chips to networking solutions provider Alcatel-Lucent (ALU)....

1Jul2011 | | 0 comments | Continued

(MU) Micron Technology Misses Third Quarter Expectations – Shares Tumble

Micron Technology Inc. (MU) reported adjusted third quarter 2011 earnings per share of 0 cents, which missed the Zacks Consensus Estimate of 17 cents.

The miss was largely due to subdued PC sales, which adversely affected the...

26Jun2011 | | 0 comments | Continued

(RMBS) Two Harbors Investment Corporation – Hefty 2011 Dividends?

According to Bedford Report that provides in-depth analysis and business research on equities, Two Harbors Investment Corp. (TWO) – a real estate investment trust (REIT) that primarily invests in residential mortgage-backed securities...

21Jun2011 | | 0 comments | Continued

(SNDK) SanDisk Riding High on SSDs

SanDisk Corporation (SNDK) recently inked a deal with ASUSTeK Computer Incorporated. Financial terms of the deal were not disclosed.

Popularly known by its brand name ASUS, ASUSTeK Computer manufactures motherboards, laptops,...

5Jun2011 | | 0 comments | Continued

(RMBS) Rambus to Acquire Cryptography Research

Rambus Inc. (RMBS) announced it will acquire privately held Cryptography Research Inc. under a definitive agreement. The total consideration of $342.5 million will comprise $167.5 million in cash, roughly 6.4 million in shares of...

2Jun2011 | | 0 comments | Continued

(RMBS) Rambus Beats Earnings Expectations With a Loss

Rambus Inc. (RMBS) posted first quarter 2011 loss per share of 2 cents, surpassing the Zacks Consensus Estimate of a loss of 6 cents. The adjusted loss per share excludes restatement and related legal charges, amortization, non-cash...

3May2011 | | 0 comments | Continued

(MU) Micron Technology Intends China Expansion

Memory chip manufacturer Micron Technology Inc. (MU) intends to expand its footprint in China with the opening of its second operating unit in Xi’an.

Micron stated that the unit is under construction and is likely to be operational...

20Apr2011 | | 0 comments | Continued

(RMBS) ARMOUR Residential REIT Announces Closeure of Secondary Offering

ARMOUR Residential REIT, Inc. (ARR), a real estate investment trust (REIT) that invests in residential mortgage backed securities (RMBS), has recently closed its secondary offering of 17 million shares at $7.40 each. The equity offer...

14Apr2011 | | 0 comments | Continued

(MU) Micron Technology Announces Plans to Sell Japanese Facility

Memory chip manufacturer Micron Technology Inc. (MU) recently announced that it will sell its wafer manufacturing facility in Nishiwaki City, Hyogo, Japan, to TowerJazz. Specialty foundry Tower Semiconductor...

9Apr2011 | | 0 comments | Continued

(SNDK) SanDisk Corporation – Earnings Surprised 4 Quarters in a Row

Is the growth story over for the flash memory makers? SanDisk Corporation (SNDK) is expected to grow earnings by 160% in 2010 but analysts are less optimistic going into 2011, as they forecast an earnings decline of 14%.

SanDisk...

27Dec2010 | | 0 comments | Continued

(RMBS) Rambus Posts Third Quarter 2010 Earnings Loss

Rambus Inc.(RMBS) posted a third quarter 2010 loss per share of 27 cents, missing the Zacks Consensus Estimate of 17 cents. The adjusted loss per share excludes restatement and related legal charges and gain from a legal settlement....

26Oct2010 | | 0 comments | Continued

(RMBS) Rambus and NVIDIA Make Patent Licensing Deal

Technology licensing company Rambus Inc. (RMBS) announced that it had inked a patent licensing deal with the leading graphics chip company, NVIDIA Corp. (NVDA). As...

17Aug2010 | | 0 comments | Continued

(RMBS) Rambus Learns of Favorable U.S. International Trade Commission Ruling

Technology licensing company Rambus Inc. (RMBS) received a favorable ruling from the U.S. International Trade Commission (ITC) for lawsuits filed against various parties Incorporatedluding chip maker Nvidia Corp....

2Aug2010 | | 0 comments | Continued

(SNDK) SanDisk Corporation – Beat Earnings by 25.6% in the Second Quarter

SanDisk Corporation (SNDK) keeps defying skeptics expecting a tech slowdown as it once again surprised on the Zacks Consensus Estimate for the fourth quarter in a row.

SanDisk manufactures flash memory cards for mobile phones,...

2Aug2010 | | 0 comments | Continued