Andrew Hall and Ben Nye, authors at Seeking Alpha, discuss semi-conductor company Maxim Integrated as their "Idea of the Month."
Nye notes that they are long on Maxim, discussing the chip company's multifaceted approach to the evolving semi-conductor industry. The company is expanding past devices and into automation and driverless cars.
We talk about whether the company could possibly be the target of an acquisition from some of its larger competitors like Intel or Qualcomm, and why it might be a desirable target.
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
