Mellanox Technologies, Ltd. - Ordinary Shares (MLNX) News
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Latest MLNX News From Around the Web
Below are the latest news stories about Mellanox Technologies Ltd that investors may wish to consider to help them evaluate MLNX as an investment opportunity.
Nvidia's Acquisition of Mellanox Poised to Boost Earnings Long-Term, Say AnalystsThe deal closed on Monday after a lengthy regulatory review. |
Here is Why Growth Investors Should Buy Mellanox (MLNX) NowMellanox (MLNX) is well positioned to outperform the market, as it exhibits above-average growth in financials. |
'I've Been Dreaming About This,' Nvidia CEO Says After $7B Mellanox Acquisition Deal Finally ClosedNvidia Corporation (NASDAQ: NVDA) chief executive officer Jensen Huang on Monday told CNBC that the company's acquisition of Mellanox Technologies Ltd. (NASDAQ: MLNX) is a "homerun deal."What Happened "Man, I've been dreaming about this," Huang said, as Nvidia announced the completion of the acquisition earlier in the day.An agreement of acquisition was reached in March last year between the two companies, but regulatory approval delayed the closing.Mellanox has a significant business in China, including with Alibaba Group Holdings Ltd. (NYSE: BABA) and Baidu Inc. (NYSE: BIDU), and as trade tensions between the United States and China heightened, the latter withheld the approval until April 16, according to CNBC.Huang noted that the merger will improve Huang&... |
Mellanox Delivers Record First Quarter 2020 Financial ResultsSUNNYVALE, Calif. and YOKNEAM, Israel--(BUSINESS WIRE)-- #Mellanox--Mellanox® Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced preliminary financial results for its first quarter 2020. “Mellanox delivered record revenue and operating income in the first quarter of 2020. All our major product lines continued to grow. We are pleased to be shipping end-to-end solutions at speeds of 200 giga |
Has Mellanox Technologies (MLNX) Outpaced Other Computer and Technology Stocks This Year?Is (MLNX) Outperforming Other Computer and Technology Stocks This Year? |
Mellanox to Report First Quarter 2020 Financial Results on April 23, 2020SUNNYVALE, Calif. & YOKNEAM, Israel--(BUSINESS WIRE)-- #Mellanox--Mellanox® Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced that it will issue its financial results via press release for the first quarter 2020 after the market closes on Thursday, April 23, 2020. As announced on March 11, 2019, NVIDIA Corporation intends to acquire all the issued and outstanding common shares of Mellanox |
Nvidia Analyst Says Pandemic Creates More Data Center DemandThe coronavirus pandemic is creating a greater need for NVIDIA Corporation's (NASDAQ: NVDA ) chips, according to Needham. The Nvidia Analyst Rajvindra Gill upgraded Nvidia from Hold to Buy with a $270 price target. The Nvidia Thesis At this uncertain time, investors are likely to flock to Nvidia, which has a superior balance sheet and robust free cash flow, Gill said in a Tuesday upgrade note. (See his track record here .) The company has a net cash position of $8.9 billion, or $14.34 per share, the analyst said. Even after the Mellanox Technologies, Ltd. (NASDAQ: MLNX ) deal closes, Nvidia will be left with net cash of … Full story available on Benzinga.com |
Mellanox Delivers Spectrum-3 Based Ethernet Switches - First 12.8 Tbps Networking Platforms Optimized for Cloud, Storage, and AISUNNYVALE, Calif. & YOKNEAM, Israel--(BUSINESS WIRE)-- #Mellanox--Mellanox® Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of high-performance, end-to-end interconnect solutions for data center servers and storage systems, today announced that customer shipments of SN4000 Ethernet switches have commenced. The SN4000 family is powered by Mellanox Spectrum®-3 - the world’s best performing, most scalable, and most flexible 12.8 Tbps Ethernet switch ASIC, which is optimized for Cloud, Ethernet Storage F |
Is Mellanox Technologies (MLNX) Stock Outpacing Its Computer and Technology Peers This Year?Is (MLNX) Outperforming Other Computer and Technology Stocks This Year? |
Revolutionary Mellanox ConnectX-6 Dx SmartNICs and BlueField-2 I/O Processing Units Transform Cloud and Data Center SecuritySAN FRANCISCO--(BUSINESS WIRE)-- #Mellanox--RSA Conference 2020 – Mellanox Technologies, Ltd. (NASDAQ: MLNX), a leading supplier of high-performance, end-to-end smart interconnect solutions for data center servers and storage systems, today announced the immediate general availability of ConnectX-6 Dx SmartNICs, in addition to the soon-to-be-released BlueField-2 I/O Processing Units (IPUs). Both feature a suite of cutting-edge security acceleration engines and platform security capabilities for building hi |