The Traderszone Network

Published in TZ Latest News 11 May, 2015 by The TZ Newswire Staff

This Little-Known Chip Stock Has Triple-Digit Growth

Inphi (IPHI) is easily overlooked in the semiconductor industry behind high-profile leaders like Avago Technologies (AVGO), NXP Semiconductors (NXPI) and Ambarella (AMBA), but its recent earnings and revenue growth are just as impressive as theirs. Inphi’s stock hit a new high Monday and is in buying range past a 21.43 buy point from a cup-shaped base. Shares initially broke out in heavy volume on April 30 and are now about 2% past the entry.

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