Report
Brian Colello, CPA
EUR 101.80 For Business Accounts Only

Maxim Integrated Continues to Execute Well on the Gross Margin Front; Raising FVE to $47 from $41

Maxim Integrated reported decent fiscal first-quarter results and provided investors with a second-quarter forecast that was modestly ahead of our prior expectations, thanks to strong demand for semiconductors used in automotive and data center applications. We remain optimistic about Maxim's long-term growth opportunities in automotive and see the firm's latest target of low-teens revenue growth in this segment as achievable. The strong near-term results have reduced our pessimism around the fi...
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, CPA

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