Scalper1 News
A couple of foreign fabless chipmakers rallied to record highs Friday on Apple (AAPL) iPhone-related news. Avago Technologies (AVGO) gapped up and soared 8% in massive turnover, extending its gain to 26% from a 65.93 flat-base buy point it cleared on May 6. Late Thursday, the Singapore-based chip designer reported fiscal third-quarter earnings of $1.26 a share ex items, up 70% from the prior year and well over views for $1.05. Revenue surged 97%, Scalper1 News
Scalper1 News