Inphi Corporation (IPHI) provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide.
The companys analog and mixed signal semiconductor solutions offers high signal integrity at data speeds while reducing system power consumption. Its semiconductor solutions are designed to address bandwidth bottlenecks in networks, maximize throughput and minimize latency in computing environments, and enable the rollout of next generation communications, datacenter, and computing infrastructures. Its solutions provide a high-speed interface between analog signals and digital information in high-performance systems, such as telecommunications transport systems, enterprise networking equipment, datacenters and enterprise servers, storage platforms, test and measurement equipment, and military systems.
The company also provides 10G/40G, 100G, and beyond 100G high-speed analog semiconductor solutions for the communications market and high-speed memory interface solutions for the computing market.
Its products perform a range of functions, such as amplifying, encoding, multiplexing, demultiplexing, retiming, and buffering data and clock signals at speeds up to 100 Gbps. Inphi Corporation sells its products directly through its sales force, as well as through a network of sales representatives and distributors to original equipment manufacturers.
Shares have formed a bullish "flag" after the Compay released its fastest chip ever. Its new 45GBaud Linear Coherent Product Family, the industry's first linear ICs enabling 400G coherent solutions for next-generation long haul, metro, and data center applications. Furthermore, the company announced that it has landed a cloud contract with Microsoft. Combination of these two events have pushed shares into a "bullish flag" and higher share prices are expected.
52-Weeks Trading Range: $17.27 - $33.82
Entry Point: $32.50
Stop Loss: $30.80
Target Price: $35.75
IPHI closed at $40.91.