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Monday, Jan 14
Analog chipmaker/Samsung supplier Maxim (MXIM -2.5%) is off following a downgrade to Neutral...
Analog chipmaker/Samsung supplier Maxim (MXIM -2.5%) is off following a downgrade to Neutral from Credit Suisse: the firm says it expects "a significant deceleration" in the mobile phone market (36% of Maxim's sales and a major growth driver) going forward, though it thinks healthy industrial/telecom equipment exposure will buffer the blow. Analog Devices (ADI +0.1%) and Xilinx (XLNX) have been upgraded to Outperform (I, II), but neither is moving much - in each case, CS likes the chipmaker's industrial/telecom infrastructure exposure.