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Avago Technologies and others to get a better handle on the situation and what lies ahead.
FORBES: Apple Needs More Than Just A Hardware Upgrade
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Avago Technologies Ltd shares are currently trading off about 3.5% on the day.
FORBES: Notable Two Hundred Day Moving Average Cross - AVGO
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Also sold off were Apple component suppliers such as Cirrus Logic (CRUS), QUALCOMM (QCOM), Avago Technologies (AVGO), and Broadcom (BRCM).
FORBES: Apple Dips Below $500 On Old News
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Those companies include S kyworks Solutions (SWKS) , RF Micro Devices (RFMD) , Anadigics (ANAD) , TriQuint Semiconductor (TQNT) and Avago Technologies (AVGO) among others.
FORBES: Qualcomm Announcement Reignites Mobile M&A Possibilities
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Aptina, the foundational CMOS imaging company, began within Micron Technology in 2001 with acquisitions of early CMOS imaging companies Photobit and then Avago Technologies' image sensor business.
ENGADGET: Aptina and Sony cross-license their camera patents, Nikon smiles
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Among the largest underlying components of TQQQ, in trading today Autodesk Inc. ( NASD: ADSK) is down about 0.6%, Automatic Data Processing Inc. ( NASD: ADP) is trading flat, and Avago Technologies Ltd ( NASD: AVGO) is higher by about 0.7%.
FORBES: TQQQ, ADSK, ADP, AVGO: ETF Outflow Alert