Northland analyst Tom Sepenzis expects the three top radio frequency suppliers, Avago (AVGO), Qorvo (QRVO) and Skyworks (SWKS), to remain on top despite Qualcomm's (QCOM) joint venture with TDK for the development of end-to-end RF capabilities for smartphones, tablets and other devices. "We have seen this before," Sepenzis tells investors in a research note, pointing out that Qualcomm's RF360 product has been unable to gain traction in the marketplace. One company that could benefit from Qualcomm's new venture is Akoustis Technologies (AKTS), the analyst contends.

Barclays analyst Tom O'Malley raised the firm's price target on Broadcom (AVGO) to $1,500 from $1,405 and keeps an Overweight rating on the shares after hosting management for meetings. Broadcom is one of the unique companies that has a comprehensive view of the semis industry while also capable of providing an "intimate look" at the artificial intelligence market via custom silicon, the analyst tells investors in a research note. The firm says management highlighted the company's inroads with the consumer-facing AI world, providing a differing viewpoint versus Nvidia's (NVDA) vision of the world - pointing to a two-part market of consumer and enterprise that could grow to a 50/50 split over time. Barclays came away from the meetings "with a valuable second opinion on the future of AI and a greater appreciation for the company's many ways to win."

Barclays analyst Tom O'Malley raised the firm's price target on Broadcom to $1,500 from $1,405 and keeps an Overweight rating on the shares. The analyst increased the price after hosting management for meetings.