Orlando, FL -- (SBWIRE) -- 09/26/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On RF Micro Devices, Inc. (NASDAQ:RFMD), Broadcom Corporation(NASDAQ:BRCM).
RF Micro Devices, Inc. (NASDAQ:RFMD) stock closed at $5.77. The company on Sept. 23 announced it has successfully completed a recently announced expansion of its test, tape and reel, and assembly facility, located in Beijing, China. In addition to newly qualified internal assembly capacity for power amplifiers (PAs), switch-based products, and antenna control solutions, RFMD is also qualifying advanced flip chip capabilities for its 2G, 3G, and 4G LTE and TD-LTE products.
Additionally, the company on Sept. 19 introduced the world's first 6-inch GaN-on-Silicon Carbide (SiC) wafers for manufacturing RF power transistors for both military and commercial use. The company is converting all GaN production and development to 6-inch diameter wafers using its existing high-volume, 6-inch GaAs foundry to reduce platform cost for the growing GaN device market.
Are investors worried about the recent updates with RFMD? Find out with a free trend analysis HERE
Broadcom Corporation(NASDAQ:BRCM) shares jumped 0.53% to $26.79. BRCM’s stock was upgraded by analysts at Susquehanna to a “positive” rating in a research report issued to clients and investors on Sept. 17.
Additionally, the company on Sept. 11 announced that network solutions provider D-Link has selected its highly integrated StrataGX(TM) processor and 5G WiFi Enterprise system-on-a-chip (SoC) for its new 11AC Wi-Fi enterprise access point. Broadcom's StrataGX Series and 5G WiFi SoCs deliver a substantial increase in bandwidth to the enterprise, allowing multiple users to simultaneously stream and download content 10x faster than legacy wireless networks.
Moreover, the company on Sept. 4 said it is buying Japanese chipmaker Renesas Electronics' LTE-related assets for $164 million to speed up its launch of next-generation communications technology. Broadcom's chips integrating Wi-Fi and Bluetooth technology are used in Apple's iPhone and other top-tier smartphones and tablets.
Is BRCM going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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