- 4-Week # shares sold: 34,648
- 12-Week # shares sold: 97,798
- 24-Week # shares sold: 134,992
The chip supplier has solid financials, is reducing inventory and is taking steps to become less dependent on its main customers, Apple and Samsung Electronics.
Donald Trump's pro-military stance bodes well for Microsemi.
The global economy may be in for a growth spurt thanks to strong demand for chips from Broadcom, Intel, Qualcomm, Micron and Skyworks.
Smartphones are now a low-growth market. That's making big mobile chip suppliers willing to use M&A to expand their product lines.