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SE
Columbia Select Technology ETF
SEMI
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SEMI
SE
Columbia Select Technology ETF
SEMI
News
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Broadcom Debuts VeloSky To Accelerate 5G And Satellite Adoption
AUM
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Volume
11.28K
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Broadcom Debuts VeloSky To Accelerate 5G And Satellite Adoption
Broadcom has launched VeloSky, a unified networking solution that integrates fiber, cellular, and satellite connectivity to enhance the adoption of 5G and satellite services for Communications Service Providers.
Benzinga · Mar 4, 2025
Broadcom Enhances Open-Source Ecosystem with Bitnami Premium Release
Broadcom launched Bitnami Premium, a commercial enterprise version of Bitnami by VMware Tanzu, to enhance security for open-source software use in enterprise applications. Arrow Electronics will distribute Bitnami Premium globally, offering compliance tools and production-grade software.
Benzinga · Dec 10, 2024
Broadcom Powers Telia's Modernization with VMware, Launches AI-Driven VeloRAIN & More
Broadcom expands its partnership with Telia to modernize telecom and cloud infrastructure using VMware's cloud-native architecture. Broadcom also launches new products like VeloRAIN to enhance AI workload support and the Titan Partner Program to aid enterprise AI growth.
Benzinga · Nov 5, 2024
Broadcom And T-Systems Boost Alliance To Drive AI, Cyber Resilience, And Cloud Sovereignty
Broadcom and T-Systems, a Deutsche Telekom subsidiary, have expanded their partnership to accelerate customers' infrastructure modernization, AI adoption, and cyber resilience, while also supporting their needs with sovereign cloud services.
Benzinga · Oct 15, 2024
4 Best ETFs for Capitalizing on the Semiconductor Market Surge
The semiconductor market is surging due to high demand from cloud computing and AI. The article discusses 4 ETFs that can help investors capitalize on this trend: VanEck Semiconductor ETF (SMH), Invesco PHLX Semiconductor ETF (SOXQ), Columbia Seligman Semiconductor & Technology ETF (SEMI), and Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL).
Benzinga · Oct 11, 2024
Arm Is A Top Secular Pick Along With Nvidia: Analyst
Rosenblatt analyst Hans Mosesmann reiterated a Buy rating on Arm Holdings Plc (NASDAQ:ARM) with a price target of $180. The stock is trading higher on Monday. Mosesmann considers the stock a top secular pick alongside Nvidia Corp (NASDAQ:NVDA). The analyst noted that the positive ARM PC and overall compute themes showcased last week at Computex in Taiwan will benefit the increasing pervasiveness of the company’s IP in the future. Also Read: Full story available on Benzinga.com
Benzinga · Jun 10, 2024
Microchip Technology's Path To Recovery: Analyst Sees Steady Margins With Ongoing Inventory Management
Piper Sandler analyst Harsh V. Kumar reiterated a Neutral rating on Microchip Technology Inc (NASDAQ:MCHP) with a price target of $80 on April 26. The re-rating reflected the timing of a potential macro recovery. Kumar noted that the company is continuing the inventory-clearing process and positioning itself for a recovery in the second half of the year for most of its business. Also Read: Marvell Analyst Tags Stock as Top Pick for AI Boom, Predicts Significant Industry Upswing Specifically, inventory clearances are progressing in the auto and industrial industries, and management is seeing green shoots in these markets. The analyst noted that management intends to significantly undership demand at this time in order to reduce inventory across its channels. According to comments made within the quarter, MCHP still anticipates revenue to remain roughly flat as they enter the guidance for the ...Full story available on Benzinga.com
Benzinga · Apr 29, 2024
Western Digital Analyst Highlights Growth in Nearline Drive and NAND Market Recovery, Upgrades Stock
Benchmark analyst Mark Miller upgraded Western Digital Corp (NASDAQ:WDC) from Hold to Buy and a $85 price target. Miller said Western Digital produced significant upside results, driven by improving flash pricing and nearline drive sales. He noted continued improvements in NAND pricing and Nearline sales as 2024 progresses. Also Read: Western Digital Poised For Breakout, Analyst Sees 10% Estimate Beat And Powerful NAND Recovery Miller now projects fiscal 2025 adjusted EPS of $6.84 on sales of $16.5 billion. Western Digital's third-quarter adjusted EPS of $0.63 was an upside to investor expectations by $0.58, while sales of $3.46 billion were $100 million above investor expectations, the analyst stated. HDD sales were up 28.2% sequentially and 17.1% year over year to $1.75 billion. Improving nearline sales aided results driven by hyperscale customers. Shipments of 24 TB and 28 TB SMR drives represented ...Full story available on Benzinga.com
Benzinga · Apr 26, 2024
Make Your ETF Portfolio AI-Rich in Buffett-Like Manner
Warren Buffett expressed his fascination with artificial intelligence (AI) in an interview with CNBC in April 2023. Buffett has invested $159 billion in eight tech stocks, per a Motley Fool article, as quoted on Yahoo Finance.
Zacks Investment Research · Apr 10, 2024
Western Digital Poised For Breakout, Analyst Sees 10% Estimate Beat And Powerful NAND Recovery
Evercore ISI Group analyst Amit Daryanani initiated coverage on Western Digital Corp (NASDAQ:WDC) with an Outperform rating and a price target of $80. The analyst found the company uniquely positioned to outperform, given a host of tailwinds that could drive a sizable upside to estimates (his estimates are ~10% higher vs. street). While investors have been somewhat skeptical of the name, given it is “too complicated,” Daryanani expects the story to get “less complicated” over the next ~2-3 quarters as WDC splits into two distinct assets. His analysis suggests that, on a sum-of-the-parts basis, the asset should be worth $80-85, though there could be some stranded costs that will diminish this number as details get flushed out. Beyond that, WDC will see a confluence of cyclical HDD recovery as hyperscalers are done with nearline digestion, as per the analyst. WDC ...Full story available on Benzinga.com
Benzinga · Mar 27, 2024
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Last · Dec 18
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