Key TakeawaysPG&E (PCG) is working to restore power to thousands of San Francisco customers following an extensive substation fire, with no immediate timeline for full restoration.The U.S. House of Representatives is advancing a plan to create a tax safe harbor for stablecoins and crypto staking rewards, aiming to provide clarity for digital asset taxation.OpenAI has demonstrated increased efficiency in its AI operations and secured better margins from its enterprise business, with internal financials showi ...

Core Insights - AngloGold Ashanti has experienced a remarkable 245% gain this year, with a 262% increase over the past five years, indicating a transformation from a slow-moving equity to a high-growth stock [1] Company Performance - The company operates mines in Africa, Australia, and the Americas, and has effectively managed costs, allowing it to benefit from rising gold prices while providing a quarterly dividend with a yield of 2.59%, outperforming the S&P 500 this year and over the past five years [2] - AngloGold Ashanti's gold production increased by 17% year over year in Q3, resulting in a record $920 million in free cash flow, which is up 141% year over year [5] Market Dynamics - Gold prices have surged by more than 60% this year, creating a favorable environment for gold mining stocks, although company-specific factors also influence individual stock performance [4] - The company is preparing to further increase gold production in 2026 through investments in its Mineral Reserve base and enhancing operational flexibility [6] Financial Health - AngloGold Ashanti closed the quarter with $4.54 billion in current assets and $1.76 billion in current liabilities, resulting in a healthy current ratio of 2.58, which supports potential dividend increases and additional mining projects [7]

This week was abuzz with major developments in the tech and auto sectors. From potential CEO succession at General Motors Co. to Tesla Inc.’s Full Self-Driving (FSD) system getting a boost in South Korea, there was no shortage of news.Let’s dive into the top stories.GM Eyes Ex-Tesla Exec For CEO RoleReports suggest that General Motors Co. is considering Sterling Anderson, its current Chief Product Officer and former Tesla Autopilot exec, as the next CEO. Anderson, who also co-founded Aurora Innovation Inc., ...

Ah, the markets. A bastion of rationality, predictability, and calm, right? Not when Donald J. Trump is in the driver’s seat, or even just tweeting from the back. The year 2025 has proven to be yet another masterclass in market volatility, where a single pronouncement can send trillions soaring or plummeting, often with the same dizzying speed as a Truth Social post going viral. Investors, bless their hearts, have spent the better part of the year clutching their pearls and portfolios, trying to decipher wh ...

Monday's Core PCE Price Index at 10:00am represents the Federal Reserve's preferred inflation measure and serves as a final comprehensive inflation checkpoint before year-end, following last week's concerning CPI data that showed persistent price pressures. Both month-over-month and year-over-year readings will be analyzed for evidence supporting or contradicting the sticky inflation narrative that has complicated the Fed's policy outlook heading into 2026. The PCE report often provides different perspectiv ...

Core Insights - ON Semiconductor Corporation is recognized as one of the 10 most undervalued semiconductor stocks to invest in [1] - The company has extended its strategic partnership with automotive supplier FORVIA HELLA to incorporate its PowerTrench T10 MOSFET technology into advanced automotive platforms [1] Group 1: Partnership and Technology - The collaboration aims to address the increasing electrical demands of autonomous driving, safety systems, and electrification by leveraging FORVIA HELLA's automotive expertise and ON Semiconductor's intelligent power solutions [3] - FORVIA HELLA's Executive Vice President of Purchasing, Sven Hoenecke, emphasized that ON Semiconductor's next-generation MOSFETs are crucial for their advanced automotive platforms, providing future-proof solutions with enhanced efficiency and reliability [3] - The extended agreement reinforces a 25-year partnership between ON Semiconductor and FORVIA HELLA [3] Group 2: Product Features - ON Semiconductor's T10 power MOSFETs are designed to reduce system-level costs while increasing efficiency and power density for automotive applications [2] - These MOSFETs are produced at ON Semiconductor's facility in East Fishkill, New York, and feature ultra-low conduction and switching losses, delivering higher density in a compact design [2] - The technology reduces drain-to-source resistance and gate charge, which in turn lowers output capacitance [2] Group 3: Company Overview - ON Semiconductor Corporation provides intelligent sensing and power solutions and operates through three segments: Analog and Mixed-Signal Group, Power Solutions Group, and Intelligent Sensing Group [4] - The company is headquartered in Scottsdale, Arizona [4]

Core Viewpoint - Qualcomm Inc. is recognized as one of the most undervalued semiconductor stocks, with a maintained Buy rating and an increased price target from $150 to $185 by Cantor Fitzgerald, although this target is still below the median target of $200 from 36 analysts [1][2]. Group 1: Analyst Ratings and Market Position - C J Muse of Cantor Fitzgerald has raised Qualcomm's price target, indicating confidence in the company's future performance despite current market conditions [1]. - The acquisition of Alphawave Semi is aimed at re-entering the data center market, which Qualcomm had exited in 2018, signaling a strategic shift and growth opportunity [2]. Group 2: Technological Advancements - Qualcomm's Snapdragon Cockpit Elite technology will be showcased at CES 2026, highlighting the company's commitment to innovation in automotive AI applications [3]. - The AI Cabin Platform powered by Qualcomm technology will perform AI calculations on-device, enhancing real-time assistance and reducing vulnerabilities associated with cloud connections [4]. Group 3: Business Operations - Qualcomm operates through three main segments: Qualcomm Technology Licensing (QTL), Qualcomm CDMA Technologies (QCT), and Qualcomm Strategic Initiatives (QSI), which collectively support its foundational technologies for the wireless industry [5].

Company Overview - Skyworks Solutions, Inc. (NASDAQ:SWKS) specializes in radio-frequency and analog solutions that enable wireless connectivity across various applications, including industrial, automotive, and smartphones [4]. Investment Sentiment - Skyworks is considered one of the 10 most undervalued semiconductor stocks, with Barclays maintaining a Hold rating and a price target of $88, which is 31% above the current level and higher than the median target of $75 [1]. - The stock has shown a rally over the past month, potentially influenced by Barclays' optimistic price target, despite previous struggles following the merger announcement with Qorvo [2]. Merger Details - The merger with Qorvo is expected to be executed by early 2027, with anticipated cost savings of approximately $500 million by 2028-2029 [2]. - Regulatory risks are present due to the competitive nature of both companies as significant suppliers to Apple Inc., which may lead to increased scrutiny from regulators concerned about reduced competition in RF components [3].

Company Overview - NXP Semiconductors NV (NASDAQ:NXPI) is a designer and manufacturer of semiconductor equipment based in Eindhoven, Netherlands, specializing in high-performance mixed-signal products sold globally across various markets including automotive, IoT, mobile, and communication infrastructure [3]. Investment Insights - NXP Semiconductors NV is recognized as one of the 10 Most Undervalued Semiconductor Stocks to Invest in, with Bank of America Securities maintaining a Buy rating and raising the price target from $255 to $265 [1]. - Analysts covering NXP Semiconductors estimate a median upside target of $265, aligning with Bank of America's revised price target [1]. Industry Context - Cantor Fitzgerald Research expressed expectations for relative outperformance from NXPI stock amidst concerns regarding negative sentiment due to developments at the Chandler facility, which manufactures parts for 5G equipment [2]. - The Chandler facility is set to close by 2027 due to a lack of return on investment amid lower-than-expected global 5G deployments, leading to NXP's decision to exit the radio power market and scale down operations [2].

Core Insights - ASE Technology Holding Co. is recognized as one of the 10 most undervalued semiconductor stocks, demonstrating stability and strength in the semiconductor industry [1] - The company reported a net revenue of NT$58,820 million for November, reflecting a 2.3% month-over-month decline but an 11.1% year-over-year increase [1][2] - In U.S. dollar terms, November revenue totaled $1,903 million, indicating a sequential decline of 3.9% but a year-over-year increase of 15.5% [2] Revenue Breakdown - The ATM (assembly, testing, and materials) segment generated NT$36,082 million in revenue for November, showing a slight increase of 0.1% from October and a strong year-over-year growth of 23.6% [3] - In U.S. dollar terms, the ATM segment's revenue was $1,167 million, reflecting a 1.5% decline from October but a significant year-over-year growth of 28.5% [3] - The performance of the ATM segment highlights solid demand for assembly and testing services, contributing significantly to the company's overall growth trajectory [3] Company Overview - ASE Technology Holding Co. provides semiconductor manufacturing services across various regions, including Taiwan, Europe, the United States, and Asia [4] - The company operates in four segments: Testing, Packaging, EMS, and Others, offering services such as front-end engineering testing, semiconductor packaging, final testing, wafer probing, and interconnect materials production [4]