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AMD

AMD

$13.49

-0.16 (-1.17%)

, SIGM

Sigma Designs

$6.00

-0.05 (-0.83%)

11:28
03/20/17
03/20
11:28
03/20/17
11:28

ITC to investigate AMD patent case against LG, Sigma Designs

Late Friday, The U.S International Trade Commission, USITC, said in a news release that it has voted to institute an investigation of certain graphics systems, components thereof, and consumer products containing the same. The products at issue in the investigation are televisions, smartphones, tablets, wearable devices, graphics processors, integrated circuits, and other consumer products containing such components and systems. The investigation is based on an amended complaint filed by Advanced Micro Devices of Sunnyvale (AMD), CA, and ATI Technologies ULC of Markham, Ontario, Canada, on March 2. The amended complaint alleges violations of section 337 of the Tariff Act of 1930 in the importation into the United States and sale of certain graphics systems, components thereof, and consumer products containing the same that allegedly infringe patents asserted by the complainants. The complainants request that the USITC issue a limited exclusion order and cease and desist orders. The USITC has identified the following as respondents in this investigation: LG Electronics, of Seoul, Republic of Korea; LG Electronics U.S.A of Englewood Cliffs, NJ; LG Electronics MobileComm U.S.A., of San Diego, CA; VIZIO of Irvine, CA; MediaTek of Hsinchu City, Taiwan; MediaTek USA of San Jose, CA; and Sigma Designs (SIGM) of Fremont, CA. By instituting this investigation, the USITC has not yet made any decision on the merits of the case. The USITC's Chief Administrative Law Judge will assign the case to one of the USITC's administrative law judges, who will schedule and hold an evidentiary hearing. The ALJ will make an initial determination as to whether there is a violation of section 337; that initial determination is subject to review by the Commission.

AMD

AMD

$13.49

-0.16 (-1.17%)

SIGM

Sigma Designs

$6.00

-0.05 (-0.83%)

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    Apr

AMD AMD
$13.49

-0.16 (-1.17%)

03/20/17
JEFF
03/20/17
NO CHANGE
Target $16
JEFF
Buy
Jefferies sees more share gains for AMD, ups target to $16
Jefferies analyst Mark Lipacis raised his price target for AMD (AMD) to $16 from $13 citing better visibility into the Ryzen 7 high-performance and Ryzen 5 power-performance desktop processor launch. The chipmaker closed Friday down 16c to $13.49. As AMD continues to roll out its Ryzen product offerings, incremental share gains will continue to expand in the near term, Lipacis tells investors in a research note. He believes the company's "ability to price between-the-seams" while achieving competitive performance will result in "meaningful" share gains from Intel (INTC) in the Desktop, Server, and Notebook markets starting in 2017. The analyst upped his estimates for AMD and keeps a Buy rating on the shares.
03/09/17
ADAM
03/09/17
NO CHANGE
Target $17
ADAM
Buy
AMD price target raised to $17 from $14 at Canaccord
Canaccord analyst Matthew Ramsay raised his price target on AMD (AMD) to $17 from $14 following investor meetings with CEO Lisa Su. Ramsay said the company is re-emerging as a competitive second source to Intel (INTC), its gradual GPU unit share recovery should be supplemented by the Vega launch in higher value tier markets, and the company is focused on delivering a multi-generational roadmap with the customer backing and foundry partners to do so. Ramsay reiterated his Buy rating on AMD shares.
02/22/17
RSBL
02/22/17
INITIATION
Target $16.5
RSBL
Buy
AMD initiated with a Buy at Rosenblatt
Rosenblatt analyst Hans Mosesmann initiated AMD with a Buy rating and $16.50 target.
02/21/17
MKMP
02/21/17
INITIATION
Target $13
MKMP
Neutral
AMD assumed with a Neutral at MKM Partners
MKM Partners assumed coverage on AMD with a Neutral and a $13 price target.
SIGM Sigma Designs
$6.00

-0.05 (-0.83%)

12/07/16
LSCM
12/07/16
DOWNGRADE
LSCM
Hold
Sigma Designs downgraded to Hold from Buy at Lake Street
Lake Street analyst Jaeson Schmidt downgraded Sigma Designs to Hold and lowered its price target to $7 from $8.50 due to weak revenue guidance and price competitiveness of the market.
12/07/16
NEED
12/07/16
DOWNGRADE
NEED
Hold
Sigma Designs downgraded to Hold from Buy at Needham
10/14/16
BARD
10/14/16
NO CHANGE
Target $9
BARD
Outperform
Sigma Designs could be acquired over time, says Baird
Baird analyst Tristan Gerra met with Sigma Designs management and said Mobile T remains on track to ramp next year with overall IoT revenue also expected to benefit from multiple design wins. Gerra said he continues to believes Sigma Designs could be acquired over time given its strong IP. Gerra reiterated his Outperform rating and $9 price target on Sigma Designs shares.
09/08/16
BWSF
09/08/16
DOWNGRADE
Target $6
BWSF
Sell
Sigma Designs downgraded to Sell from Hold at BWS Financial
BWS Financial analyst Hamed Khorsand downgraded Sigma Designs to Sell saying downside risks are higher following the company's Q2 results. The lack of growth in Sigma's IOT segment brings greater risk of the company losing Vizio as a customer, the analyst contends. Khorsand has a $6 price target for the shares.

TODAY'S FREE FLY STORIES

TSLA

Tesla

$310.83

-2.23 (-0.71%)

11:37
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FDX

FedEx

$190.74

1.37 (0.72%)

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F

Ford

$11.01

0.14 (1.29%)

11:32
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11:30
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General news
U.S. VIX equity volatility sank 4% to 11.56 »

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MRK

Merck

$64.16

0.375 (0.59%)

11:25
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LC

LendingClub

$5.92

0.26 (4.59%)

, ONDK

On Deck Capital

$3.71

0.32 (9.44%)

11:23
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Periodicals
Online lendeers attract bond buyers, WSJ says »

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$5.92

0.26 (4.59%)

ONDK

On Deck Capital

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MGM

MGM Resorts

$31.66

0.41 (1.31%)

11:20
05/22/17
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Options
Notable option blocks in MGM »

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$NSD

NASDAQ Market Internals

11:17
05/22/17
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Technical Analysis
NASDAQ market internals summary »

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$NYE

NYSE Market Internals

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Technical Analysis
NYSE market internals summary »

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MTBC

Medical Transcription Billing

$1.90

0.02 (1.06%)

11:15
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MTBC jumps after announcing releases of app for smartphones »

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11:15
05/22/17
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General news
Breaking General news story  »

3-Month Bill Auction to…

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Breaking General news story  »

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XOM

Exxon Mobil

$82.08

0.147 (0.18%)

11:13
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Exxon Mobil completes polyethylene lines at Texas plant »

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XOP

SPDR Oil Exploration and Production Fund

$35.37

-0.15 (-0.42%)

11:10
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Upside call buying in SPDR Oil Exploration and Production ETF »

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Treasury announced a $55 B 4-week bill auction for Tuesday »

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ORBK

Orbotech

$36.72

0.35 (0.96%)

11:09
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Orbotech sinks after disclosing criminal probe by Israel Tax Authority »

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AVY

Avery Dennison

$83.18

0.42 (0.51%)

11:09
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Avery Dennison acquires Finesse Medical »

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ORBK

Orbotech

$36.72

0.35 (0.96%)

11:08
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Downgrade
Orbotech rating change  »

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RPT

Ramco-Gershenson

$12.75

-0.16 (-1.24%)

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AVT

Avnet

$36.98

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4-Week Bill Announcement Offering Amount data reported »

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RARX

RA Pharmaceuticals

$24.62

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11:04
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Conference/Events
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BBRY

BlackBerry

$10.38

0.27 (2.67%)

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Options
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QUOT

Quotient Technology

$11.30

0.05 (0.44%)

10:58
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Conference/Events
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QUOT

Quotient Technology

$11.30

0.05 (0.44%)

10:57
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Conference/Events
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