Intel Corporation (NASDAQ:INTC) Atom C2000 Processor Family Has A Fault That Effectively Bricks Devices- Viavi Solutions (VIAV)

Several matter pinch shares of Intel Corporation (NASDAQ:INTC) [Trend Analysis], as shares moving up 0.55% to $36.47 with a share volume of 1.3 Million. Intel’s (INTC) Atom C2000 processor family has a fault that effectively bricks devices, costing the company an important amount of money to correct. But the semiconductor giant won’t disclosed precisely how many chips are affected nor which products are at risk.On its Q4 2016 earnings call earlier this month, chief financial officer Robert Swan said a product issue limited profitability during the quarter, forcing the biz to set aside a pot of cash to deal with the problem.

“We were observing a product quality issue in the fourth quarter with slightly higher expected failure rates under certain use and time constraints, and we established a reserve to deal with that,” he said. “We think we have it relatively well-bounded with a minor design fix that we’re working with our clients to resolve.”Coincidentally, Cisco last week issued an advisory warning that several of its routing, optical networking, security and switch products sold prior to November 16, 2016 contain a faulty clock component that is likely to fail at an accelerated rate after 18 months of operation. The stock is going forward its 52-week low with 35.90% and moving down from its 52-week high price with -4.46%. To have technical analysis views, liquidity ratio of a company was calculated 1.70 as evaluated with its debt to equity ratio of 0.38. The float short ratio was 1.61%, as compared to sentiment indicator; Short Ratio was 3.66.

Shares of Viavi Solutions Inc. (NASDAQ:VIAV) [Trend Analysis] runs in leading trade, it moving up 1.06% to traded at $9.54. The firm has price volatility of 3.28% for a week and 3.10% for a month. Its beta stands at 1.58 times. Viavi Solutions (VIAV) reported that it has sold its ONT-600 400G tester to companies representing a important cross-section of the high-speed optical networking ecosystem, demonstrating momentum in this emerging yet rapidly growing test category. Consumers range from chip, module and network equipment manufacturers, to a Tier-1 U.S. carrier, to a leader in industrial leasing solutions.

As wireless, cable and telecommunications operators race to deliver gigabit connectivity to end users, they are accelerating deployment of high-speed optical technologies from access to the core. All participants of the industry value chain, research and development, network equipment manufacturing, and service delivery, are under pressure to evolve network architectures to support new services while maintaining quality of experience on existing ones. Narrow down four to firm performance, its weekly performance was 6.79% and monthly performance was 11.32%. The stock price of VIAV is moving up from its 20 days moving average with 7.94% and isolated positively from 50 days moving average with 12.28%.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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