M&A deals in the semiconductor industry totaled more than $98 billion in 2016, but analysts say this year could be even more ripe for consolidation, especially for self-driving car technology.
Cowen's Timothy Arcuri writes that an aging base of iPhone customers supports a blockbuster launch for the new iPhone.
Intel's $15.3 billion purchase of Mobileye could just be the beginning
Industry consolidation has yielded favorable pricing environments for many kinds of chips. Together with good conditions in some big end-markets, the stage is set for a strong 2017.