Microsemi will buy the chip maker for nearly $390 million in a deal that could soon force Atmel and Silicon Labs into play.
Adobe Systems fell sharply after lowering its second quarter forecast. Oracle rises on third quarter earnings beat and dividend increase.
Mattson Technology (MTSN) is falling Wednesday due to analysts' notes about slower DRAM demand.
Lam Research (LRCX) is falling Wednesday due to analysts' notes about slower DRAM demand.
The acquisition target, a maker of communications chips, has been the subject of activist pressure since at least 2012.
Social media giant Facebook climbs after an upbeat analyst note and debut of a new payments feature for one of its apps. Micron falls after a price cut.
Taiwan Semiconductor (TSM) shares are rising again today after an analyst note suggested that the company would be used for the production of the majority of Apples A9 iPhone chips.
Skyworks Solutions shares have had a tremendous run, but they are still not overly expensive considering the company's earnings growth.
After a slew of major technology companies like Facebook and Google spent billions on acquiring young start-ups in 2014, the pace of deals has recently slowed.
Smartphone sales are expected to grow at nearly 10% a year over the next decade. One company's intellectual property will allow it to take advantage of this growth.
Internet radio company Pandora Media soared on speculation of a potential buyout. Oracle edged higher as the enterprise software company prepares to report its third-quarter results.
Cloud storage company Box falls sharply after issuing a larger than expected quarterly loss, while Intel tanks after issuing a sizable revenue warning.
Advanced Micro Devices (AMD) is falling Thursday following Intel's (INTC) lower first quarter revenue forecast.
The introduction of the Apple Watch has renewed interest in the area.
Storage giant EMC tanked after Well Fargo issued a downgrade. Intel rose after the chip maker reportedly entered an iPhone deal with Apple.
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