Could You See Broadcom’s Miss Coming?

Probably should have! Broadcom's predictions seem to be at odds with the rest of the semi industry. Most chip companies lowered full year guidance last quarter, Broadcom maintained their guidance. Then after other chip companies are predicting a 2nd half recovery, Broadcom today reduces their full year revenue guidance. Perhaps to be in line with … Continue reading Could You See Broadcom’s Miss Coming?

May Jobs Report

Nonfarm payroll increased by 75,000 in May (263,000 reported, actual revised 153,000)Unemployment steady at 3.6%Employment continued to trend up in professional and business services and in health care. Number of unemployed persons little changed at 5.9 million(5.8 million) **April numbers in parentheses Consensus estimate according to fxstreet.com was 185,000 increase, so far less than forecast. … Continue reading May Jobs Report

AMD and Samsung Partner Up

Advanced Micro Devices announced a multi-year strategic partnership with Samsung to provide ultra low power, high performance mobile graphics IP based on AMD Radeon graphics technologies. Samsung is the number one cell phone maker in the world. AMD is already a leader in computer graphics and processors, and moving into consoles with the next PlayStation. … Continue reading AMD and Samsung Partner Up