Anadigics rallies after announcing Wi-Fi PA, design wins

Anadigics' (ANAD +4.7%) new AWL5910 Wi-Fi power amplifier runs on the 5GHz. band (one of the two main Wi-Fi bands), and supports the relatively new 802.11ac standard. It's optimized for networking gear and living room devices rather than phones/tablets.

Anadigics boasts the PA "delivers an industry-leading combination of linearity, efficiency and gain, while minimizing external component requirements." It has been "adopted for use in multiple high-performance connectivity solutions which are expected to ramp in the upcoming quarter."

Shares are rallying on an up day for the Nasdaq. They've had a rough 2014 thanks to disappointing earnings news.

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