- Announces $1 billion share repurchase authorization
- 50% increase of quarterly dividend to $0.45 from $0.30 per share
Every time you see rates go up you are going to see high-growth stocks go down.
Booming demand for mobile storage and data center solid state drives is helping memory makers. Hard drive makers are benefiting indirectly for now, but they have reasons to be nervous.
Investors appear to be holding their positions and not anxious to get out.
The problems facing Samsung in the wake of its Galaxy Note 7 battery fires are putting additional focus on semiconductor suppliers like Lam Resarch, says Jim Cramer.