Silicon Motion Technology

Silicon Motion Technology Corp. engages in the development, manufacture and supply of semiconductor products for the electronics market. The firm products include Flash Controllers, Storage Solutions, and others. It offers embedded and expandable storage, radio frequency integrated circuits and embedded graphics. The company was founded in November 1995 and is headquartered in Hong Kong.

Earnings data Q1 2024

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Silicon Motion Technology Corp. engages in the development, manufacture, and supply of semiconductor products for the electronics market. Its products include Flash Controllers, Storage Solutions, and others. It offers embedded and expandable storage, radio frequency integrated circuits and embedded graphics. The company was founded in November 1995 and is headquartered in Hong Kong.

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO) American Depositary Shares (“ADSs”) between June 6, 2023 and July 26, 2023, inclusive (the “Class Period”). Silicon Motion investors have until October 30, 2023 to file a lead plaintiff motion. Investors suffering losses on their Silicon Motion investments.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Silicon Motion Technology Corporation (SIMO) Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Silicon Motion investments or would like to inquire about potentially pursuing claims to recover your los.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Silicon Motion Technology Corporation (SIMO) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO) investors concerning the Company's possible violations of federal securities laws. On July 26, 2023, MaxLinear announced that it was terminating a merger agreement with Silicon Motion less than a day after Chinese regulatory authorities had approved the combination. On this news, Silicon Motion's stock pri.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Silicon Motion Technology Corporation (SIMO) on Behalf of Investors

MaxLinear

LOS ANGELES, CA / ACCESSWIRE / September 6, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against MaxLinear, Inc. ("MaxLinear" or "the Company") (NASDAQ:MXL) on behalf of all persons or entities that purchased American Depository Shares ("ADSs") of Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion") for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the ADSs of Silicon Motion between June 6, 2023 and July 26, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before October 31, 2023.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in MaxLinear, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Silicon Motion Technology Corporation (“Silicon Motion” or the “Company”) (NASDAQ: SIMO) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On July 26, 2023, MaxLinear announced that it was terminating a merger agreement with Silicon Motion less than a day after Chinese regulatory author.

The Law Offices of Frank R. Cruz Announces Investigation of Silicon Motion Technology Corporation (SIMO) on Behalf of Investors

NEW YORK--(BUSINESS WIRE)--Entwistle & Cappucci LLP (“Entwistle & Cappucci”) and Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) today announced that their ongoing investigation has led to the filing of a class action complaint against MaxLinear, Inc. (“MaxLinear”) and certain of its senior executives on behalf of all persons or entities that purchased American Depository Shares (“ADSs”) of Silicon Motion Technology Corporation (NASDAQ: SIMO) (“Silicon Motion”) from June 6, 2023.

Entwistle & Cappucci LLP and Robbins Geller Rudman & Dowd LLP File a Securities Class Action Complaint Against MaxLinear, Inc.

Investors need to pay close attention to Silicon Motion (SIMO) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Silicon Motion (SIMO) Stock?

CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear, Inc. (Nasdaq: MXL), a leading provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits, commented on the recent announcement from Silicon Motion (Nasdaq: SIMO) regarding MaxLinear's July 26, 2023 termination of the parties' merger agreement (the “Merger Agreement” or “Agreement”). As previously disclosed, MaxLinear terminated the Merger Agreement on multiple grounds, including that Silicon Motion has experienced a mater.

MaxLinear Comments on Previously Terminated Transaction with Silicon Motion

Will Proceed with Arbitration in the Singapore International Arbitration Centre, as Dictated by the Parties' Merger Agreement

Silicon Motion Terminates Merger Agreement with MaxLinear and Intends to Pursue Substantial Damages in Excess of the Agreement's Termination Fee Due to MaxLinear's Willful and Material Breaches of the Merger Agreement

CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear, Inc. (Nasdaq: MXL), a leading provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits, commented on correspondence received today from Silicon Motion (Nasdaq: SIMO) regarding MaxLinear's termination of the parties' merger agreement (the “Merger Agreement” or “Agreement”). As previously disclosed, MaxLinear terminated the Merger Agreement on multiple grounds, including that Silicon Motion has experienced a material adve.

MaxLinear Comments on Letter from Silicon Motion Regarding Previously Terminated Transaction

TAIPEI, Taiwan and MILPITAS, Calif., Aug. 07, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQGS: SIMO) (“Silicon Motion”) today issued a written notice to MaxLinear, Inc. (NASDAQGS: MXL) (“MaxLinear”), in which Silicon Motion categorically rejected MaxLinear's purported termination of the Merger Agreement, and the assertions made by MaxLinear, in its letter of July 26, 2023. Silicon Motion will vigorously pursue its remedies, and reserves all rights under the Agreement and otherwise, including but not limited to the right to hold MaxLinear liable for substantial damages.

Silicon Motion Categorically Rejected MaxLinear's Purported Termination of the Merger Agreement, and the Assertions Made by MaxLinear, in its Letter of July 26, 2023

Silicon Motion (SIMO) reported lower revenues year over year in second-quarter 2023 owing to declining demand trends and inventory adjustments stemming from challenging market conditions.

Silicon Motion's (SIMO) Q2 Earnings Miss on Lower Revenues

Intel

QUALCOMM

Intel beat earnings last night with a positive profit of $0.35 per share. Silicon Motion reported an earnings miss, with profits falling 79% year over year.

Why Intel, Qualcomm, and Silicon Motion Stocks All Jumped Today

Motion Acquisition Corp.

Two stocks are falling today after one company suddenly terminated its plans to acquire the other. MaxLinear (NASDAQ: MXL ) had previously planned on adding Silicon Motion Technology (NASDAQ: SIMO ) to its holdings.

SIMO Stock Alert: MaxLinear Terminates Silicon Motion Acquisition

TAIPEI, Taiwan, July 27, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQGS: SIMO) (“Silicon Motion”) today announced that Silicon Motion and MaxLinear, Inc. (NASDAQGS: MXL) (“MaxLinear”) received antitrust approval from the State Administration for Market Regulation in the People's Republic of China (“SAMR Approval”) in relation to the proposed merger between Silicon Motion and MaxLinear (the “Merger”). After receiving SAMR Approval, Silicon Motion received a notice of purported termination of the Merger from MaxLinear, and Silicon Motion issued the following statement in response:

Silicon Motion Repudiates MaxLinear's Allegations and Intends to Enforce Merger Agreement

MaxLinear originally announced an agreement to acquire Silicon Motion in May 2022. Chinese regulators finally granted conditional approval for the merger after completing an anti-monopoly review.

Why MaxLinear Stock Plunged While Silicon Motion Technology Popped Today

CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear announces exercise of contractual rights to terminate Silicon Motion merger agreement.

MaxLinear Provides Update on Proposed Acquisition of Silicon Motion

Silicon Motion Technology (NASDAQ: SIMO ) stock is up more than 75% today after it was announced that MaxLinear (NASDAQ: MXL ) would acquire the company at a $3.8 billion valuation. Shareholders holding SIMO stock will receive $93.54 in cash and 0.388 shares of MXL stock for each American Depositary Share (ADS) of SIMO owned.

5 Investors Betting Big on Silicon Motion (SIMO) Stock

Investors had been convinced that the deal, announced more than 14 months ago, would never close.

Silicon Motion Stock Soars as China Unexpectedly Approves Sale to MaxLinear

Silicon Motion Technology (NASDAQ: SIMO ) stock is rallying ahead of the release of its earnings report for the second quarter of 2023. The supplier of NAND flash controllers for solid state storage devices is set to release its earnings report for Q2 after markets close on Thursday.

Why Is Silicon Motion Technology (SIMO) Stock Up 78% Today?

Amtech Systems

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STMicroelectronics NV ADR RegS

Taiwan Semiconductor Manufacturing

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TAIPEI, Taiwan and MILPITAS, Calif., July 06, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, announces that it will release its second quarter 2023 financial results after the market closes on July 27, 2023. The company will not be conducting its customary earnings conference call due to restrictions associated with the Transaction with MaxLinear, and thus will not be providing updates regarding the Transaction or additional financial details or guidance beyond what will be made available in the earnings press release. Any further material information relevant to the transaction will be provided in subsequent press releases or public filings with the Securities and Exchange Commission.

Silicon Motion To Release Second Quarter 2023 Financial Results on July 27

Silicon Motion (SIMO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Silicon Motion (SIMO): Can Its 5.2% Jump Turn into More Strength?

Amkor Technology

Himax Tech

While everybody seemingly loves chip manufacturer Nvidia (NASDAQ: NVDA ), its overheated nature organically yields a discussion about alternative chip stocks to NVDA. Don't get me wrong, Nvidia is an awesome company.

7 Chip Stocks to Buy if You Missed Out on NVDA

The merger arbitrage opportunity in Silicon Motion NASDAQ: SIMO is likely the most attractive in the stock market, offering a 32% spread for a deal that could close before the end of the year.

News for Silicon Motion Technology Stock (SIMO)