Semiconductor Watchlist: Qualcomm, Micron, NXP

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The Street

By Brian O’Connell Chips try to recover from slump in previous week. The benchmark PHLX Index (SOX) started the week at 3,366, down 4.05% over the previous week. The SOX is down 14.69% on a year-to-date basis. Advanced Micro Devices (AMD) – Get Advanced Micro Devices, Inc. Report is in the news with a $1.9 billion takeover of enterprise services start-up group Pensando, as the chipmaker pushes deeper into the lucrative data center market. AMD will pay the $1.9 billion — less adjustments for working capital — for the Milpitas, California-based group, which includes blue-chip clients such as G…

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