Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (76263)	7/10/2017 11:35:30 PM
From: Return to Sender	2 Recommendations Recommended By Donald Wennerstrom FJB Respond to of 95656

From Briefing.com: Tech Stocks from Briefing.com News flow was comparatively light while today's action ended split as a modest sell-off into the close took the Dow into the red. By contrast, the Nasdaq Composite finished up 23.31 points (+0.38%) to 6176.39. The S&P 500 added 2.25 points (+0.09%) to 2427.43, and the Dow Jones Industrial Average lost 5.82 points (-0.03%) to 21408.52. Volume was slightly less than average as about 799.0 mln shares traded hands on the NYSE floor (vs average near 1,000.7 mln) with the NASDAQ floor moving about 1,662.8 mln shares being traded (vs average near about 1,995.6 mln). The Technology (XLK 55.41, +0.40 +0.73%) space was the best performing S&P ETF today. Component NVIDIA (NVDA 153.70, +6.94 +4.73%) was the best performer on Monday as bullish analyst commentary drove the stock higher. Following tech, the Materials XLB +0.64% sector outperformed, followed by XLI +0.29%, XLE +0.28%, XLY +0.19%, XLU -0.08%, XLF -0.12%, XLV -0.19%, IYZ -0.22%, XLP -0.66%, XLRE -0.79%. In the S&P 500 Information Technology (953.28, +7.71 +0.82%) space, trading finished off highs as some sellers emerged into the close. Component HP (HPQ 17.87, +0.52 +3.00%) was among the better performers today after the stock was upgraded to a Buy rating at Mizuho ahead of the open. Other names in the space which outperformed included FLIR +3.00%, XLNX +2.80%, WDC +2.68%, JNPR +2.64%, EBAY +2.37%, SYMC +2.08%, PYPL +1.83%, LRCX +1.83%, AMAT +1.54%, FB +1.36%, V +1.25%, KLAC +1.12%. Other notable news items among sector components: Alibaba (BABA 143.81, +1.38 +0.97%) and Tencent (TCEHY 35.05, +0.39 +1.13%) partner with on-line payment firm Stripe. Cincinnati Bell (CBB 18.00, -1.35 -6.98%) to combine with Hawaiian Telcom (HCOM 29.03, +4.59 +18.78%) and privately-held OnX Enterprise Solutions. Best Buy (BBY 54.23, -3.64 -6.29%) shares were weaker today after a Recode report which suggested Amazon (AMZN 996.47, +17.71 +1.81%) is working to establish a Geek Squad-like service of its own. Nxt-ID (NXTD 1.60, -0.12 -6.98%) entered into a definitive agreement with existing institutional investors to purchase an aggregate of about $3,432,000 of shares of common stock in a registered direct offering and common stock purchase warrants in a concurrent private placement. Westell Tech (WSTL 3.05, flat) appointed Matthew Brady as its new President and CEO, effective July 17, 2017. Analyst actions: HPQ was upgraded to Buy from Neutral at Mizuho, PYPL was upgraded to Outperform from Mkt Perform at Bernstein, CDK was upgraded to Outperform from In-Line at Evercore ISI, JNPR was upgraded to Outperform from Market Perform at BMO Capital, XLNX and CAVM were upgraded to Buy from Hold at Jefferies, FLIR was upgraded to Strong Buy from Mkt Perform at Raymond James; INTC was downgraded to Underperform from Hold at Jefferies, PAYC was downgraded to Neutral from Buy at Mizuho; QLYS was initiated with a Neutral at Monness Crespi & Hardt, SSTI was initiated with a Buy at Roth Capital, VSM was initiated with a Buy at Needham

To: Donald Wennerstrom who wrote (76263)	7/13/2017 8:56:30 AM
From: Sam	1 Recommendation Recommended By Donald Wennerstrom Read Replies (1) \| Respond to of 95656

This should put this (non)issue to rest. Micron's Fab 2 facility reopens for business Written by Gareth Halfacree July 12, 2017 // 10:57 a.m. Memory maker Micron has confirmed that its Taoyuan, Taiwan semiconductor fabrication facility is already back up and running following a still-unspecified 'minor facility event' which had been feared could knock the site offline for up to three months. Reports of a problem at Micron's Fab 2 facility, owned by Inotera prior to the company's acquisition by Micron late last year, spread throughout the tech press last week based on a report from industry analyst TrendForce. 'DRAMeXchange, a division of TrendForce, estimates that Inotera has suffered a production capacity loss of around 60K wafer starts per month, out of the supplier's previous total of 125K wafer starts per month,' the unnamed TrendForce analyst claimed in the original report. 'This conservative estimate also amounts to a 5.5 percent cut in the global DRAM production capacity for this July. The temporary shutdown of Fab 2 is expected to aggravate the current undersupply situation in the DRAM market and cause further price increases for memory products. Inotera’s product mix includes PC, server and mobile DRAM products. Hence, a production disruption from its end coupled with the already strained supply situation will have an impact on all segments of the DRAM market.' The initial report quickly spread and, as it did so, became increasingly hysterical: Claims followed that the plant would be offline for three months resulting in significant DRAM price hikes and even delaying the launch of Apple's upcoming iPhone hardware refresh, alongside rumours that the fault had resulted in a nitrogen leak that required full evacuation of the facility. The latter was quickly denied by Micron: 'Micron hereby clarifies that there was no nitrogen leaking incident nor evacuating of personnel,' the company explained in a brief statement to press last week. 'There was indeed a minor facility event, but operations are recovering speedily without material impact to the business.' A week on and Micron is still silent on the exact nature of the 'minor facility event', but it's clear it was not as serious as feared. 'The incident had no effect on the local environment and there were no safety issues for our team members,' the company added in a statement this week confirming that production at Fab 2 has already restarted. 'We expect no material impact to the business or on our ability to fulfil customer commitments,' which should translate to no loss in global DRAM supply and therefore no related price hike or product delays. bit-tech.net