This Chipmaker Is Getting Back On Track
An aborted takeover is in the past. For many reasons, the future looks promising
An 18-month takeover process ended in the most stunning way possible.
With the deal finally in the rearview mirror, investor attention is turning back to the standalone business — which looks headed for a cyclical swing higher.
Optionality from arbitration adds more potential upside, as does the reinstatement of the dividend and a potential share buyback.
The stock can move higher on its own, with legal wins adding to potential returns.