Report
Brian Colello
EUR 100.00 For Business Accounts Only

Maxim Foresees A Bit of a Recovery In Chip Demand; Maintain $55 FVE

Maxim Integrated reported solid fiscal third-quarter results in a challenging semiconductor demand environment and provided investors with a relatively decent fiscal fourth-quarter forecast that points to a modest sequential recovery in chip demand. The firm remains well positioned to profit from rising chip content per automobile, thanks to share gains in chip content in battery management systems, or BMS, used in electric vehicles. We continue to believe that Maxim's near-term sluggishness is ...
Underlying
Maxim Integrated Products Inc.

Maxim Integrated Products designs, develops, manufactures and markets a range of linear and mixed-signal integrated circuits, referred to as analog circuits. The company's linear and mixed signal products serve the Automotive, Communications and Data Center, Computing, Consumer, and Industrial end-markets. The company primarily utilizes third party foundries as well as its own wafer fabrication facilities for the production of its wafers. The company markets its products worldwide through a direct-sales and applications organization and through its own and other unaffiliated distribution channels.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Colello

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