Mellanox Technologies Ltd. surged to its highest in three months as analysts from Lazard Capital Markets LLC to JMP Securities LLC said the six-month rout that made the company the worst performer among Israeli stocks traded in New York was overdone.
A looming clash between Intel Corp. and Qualcomm Inc. will take center stage at the Consumer Electronics Show next week in Las Vegas, with both chipmakers seeking to control the future of mobile devices.
Intel Corp. has signed Cisco Systems Inc. as a customer for made-to-order networking chips, landing the biggest customer yet for its fledgling foundry business, two people with knowledge of the matter said.
A Paris court will rule Dec. 8 on Samsung Electronics Co.’s request for an emergency order halting Apple Inc.’s sales of its newest smartphone in France, a judge said yesterday after hearing arguments from both companies.
Broadcom Corp., a maker of chips that help mobile devices connect to the Internet, forecast first-quarter sales that may exceed analysts’ estimates amid stronger demand for parts for Apple Inc.’s iPhone.