Gamco
23 hours ago
InterDigital Surges 83% in the Past Year: Time to Buy IDCC Stock?
Zacks Equity Research
Tue, February 18, 2025 at 8:54 AM EST
Shares of InterDigital, Inc. IDCC have soared 82.8% over the past year, driven by improved market demand across its portfolio on the back of a flexible business model and solid cash flow. Earnings estimates for the current fiscal have increased 49.3% over the past year, implying robust inherent growth potential. With healthy fundamentals, this Zacks Rank #1 (Strong Buy) stock appears to be a solid investment option at the moment.
Comprehensive Portfolio Buoys IDCC
A well-established global footprint, diversified product portfolio and ability to penetrate different markets are key growth drivers for InterDigital. Apart from a strong portfolio of wireless technology solutions, the addition of technologies related to sensors, user interface and video to its offerings is likely to drive considerable value, given the massive size of the market it offers licensing technologies.
InterDigital boasts a comprehensive portfolio of more than 33,000 granted patents and applications. The company witnessed an exceptional year in innovation in 2024, with more than 5,000 new patent filings worldwide. In 2024, adjusted EBITDA grew 60% year over year to $551 million, indicating greater operational efficiency and improved profitability.
IDCC’s commitment to licensing its broad portfolio of technologies to wireless terminal equipment makers, which allows it to expand its core market capability, is laudable. It has leading companies, such as Huawei, Samsung, LG and Apple, under its licensing agreements. The company is focused on pursuing agreements with unlicensed customers in the handset and consumer electronics markets.
InterDigital aims to become a leading designer and developer of technology solutions and innovation for the mobile industry, the Internet of Things and allied technology areas by leveraging its research and development capabilities, technological know-how and rich industry experience. At the same time, the company intends to enhance its licensing revenue base by adding licensees and expanding into adjacent technology areas that align with its intellectual property position.
Focus on 6G Research Hold Promise
InterDigital has collaborated with major academic institutions worldwide to expedite 6G research. Data traffic demand is growing exponentially worldwide, and 5G networks are required to support this high-capacity end-user throughput. The MIMO (Multiple-Input, Multiple-Output) technology leverages an active antenna system that consists of multiple antenna elements to augment the performance, reliability and overall efficiency of wireless communication systems. The 6G technology, which relies on Massive MIMO, will enable significantly higher data rates than its predecessors, leading to improved spectrum efficiency.
IDCC has joined forces with IIT Kanpur, India, to accelerate critical advancements in MIMO systems that will enable 6G networks to cater to a diverse range of applications. It is also collaborating with the University of Surrey to drive research in unique areas, such as reconfigurable intelligent surfaces and integrated sensing and communication, to pave the way for the development of cutting-edge 6G technologies. IDCC’s AI-powered Receiver Design for Future Wireless Communications has been validated by Keysight Technologies, Inc. KEYS. The state-of-the-art innovation optimizes throughput performance, reduces communication overhead and simplifies receiver architecture, making it suitable for 6G applications.
With a long-term earnings growth expectation of 15%, the stock delivered an average earnings surprise of 158.4% in the trailing four quarters.
https://finance.yahoo.com/news/interdigital-surges-83-past-time-135400458.html
Gamco
2 days ago
At MWC, InterDigital to Showcase Innovations and AI Applications Driving Network Evolution and the Growth of Media Delivered over Wireless
February 18 2025 - 4:00AM
InterDigital innovation in wireless, video, and AI plays an important role in empowering new network capabilities and diverse video experiences. At Mobile World Congress 2025, InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, will showcase innovations and collaborations that are enhancing and improving the ways we communicate and consume media.
Located at Hall 5 Stand 5C51, InterDigital will showcase cutting-edge research and industry collaborations, placing a spotlight on the 6G potential for the integration of sensing data and AI with wireless communications, future-looking immersive video experiences and solutions to mitigate energy consumption across devices, and tangible applications of AI to enhance and improve the diversity of content and services delivered over wireless.
“We are proud to return to MWC to showcase the innovation and expertise of our engineers and begin to imagine the exciting experiences and opportunities our innovations will empower,” said InterDigital CTO Rajesh Pankaj. “In this stage of technology evolution, as we leverage the efficiencies of AI and innovate solutions to support the growth and diversity of media delivered over wireless networks, InterDigital is at the forefront of innovation that is both enhancing our communications and unlocking new wireless services and capabilities.”
InterDigital Innovation: Empowering Network Evolution and Media over Wireless
Future of Immersive Sports Entertainment
Spotlighting InterDigital innovation supporting the delivery of immersive video for XR spatial experiences, particularly for immersive sports, this demo will showcase the best 2D HDR video quality for live events, the delivery of haptic feedback to enhance immersive content, and advancements in the delivery of volumetric video to support deeper engagement with the content. InterDigital is a long-time contributor to MPEG Immersive Standards and collaborates with industry partners like Philips on HDR and V3C codecs and with Interhaptics on haptic standard development.
Smartphone Energy Savings with AI-enabled PVR
The growth in smart phone energy consumption is shaped by a surge in devices with larger and brighter screens, higher battery capacity, and increased storage, primarily driven by consumer preferences. This demo applies AI expertise to InterDigital’s Pixel Value Reduction (PVR) solution, traditionally applied to televisions, to save energy on a smart phone, without altering the quality of the video experience.
Integrated Sensing and Communication
Leveraging InterDigital’s expertise in Integrated Sensing and Communication (ISAC), a key 6G building block, this demo will show how ISAC-enabled 6G networks, supported by AI, can empower an autonomous robot’s seamless navigation through a smart factory environment, avoiding collisions with objects in its path. ISAC leverages sensing data from base stations and user devices to detect a wide range of factors to deliver optimal service.
Dynamic AI-Enabled Sensing
A critical feature of 6G is the integration and use of AI everywhere in the network to manage, predict, and solve a wide variety of problems. This demo, presented in collaboration with Keysight, will showcase a sensing solution that leverages existing 3GPP signals to reveal how AI enhances sensing accuracy and functionality while adapting to dynamic environments. The combination of AI and sensing will unlock a broad range of new use cases for the upcoming 6G era.
Split Squeeze Computing for AI
As a growing number of AI applications involve sensors that generate real-time data intended to be consumed by AI programs, they must balance conflicting metrics like latency, bandwidth, power demands, accuracy, and scalability to achieve optimal performance. InterDigital will showcase split squeeze computing, an innovative technique that partitions the AI/ML model into two distinct components that run concurrently on the local device and the remote server to better balance the AI needs. This approach can optimize AI applications deployed at scale, balancing acceptable latency with reasonable power consumption for a variety of devices that leverage AI.
Elsewhere at MWC, InterDigital will lead a stage presentation to further amplify the impact of our research and innovation.
On the Turing Stage in Hall 6, InterDigital’s Valérie Allié, Media Services Senior Director, will deliver a presentation as part of the Moonshot Minds session on Thursday, March 6th at 11:15. Learn more here.
You can visit InterDigital at Mobile World Congress Barcelona at Hall 5 Booth 5C51. Register to attend Mobile World Congress here.
About InterDigital ®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital® is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital Contact:
Roya Stephens
Email: roya.stephens@interdigital.comroy
+1 (202) 349-1714
Gamco
2 days ago
InterDigital and Keysight to Demonstrate Dynamic AI-Enabled Sensing at Mobile World Congress 2025
February 18 2025 - 4:05AM
InterDigital, Inc. (Nasdaq: IDCC), a mobile, video, and AI technology research and development company and Keysight Technologies today announced that they will demonstrate dynamic AI-enabled sensing capabilities at Mobile World Congress (MWC) 2025. Presented at InterDigital’s booth, Hall 5C51, the partners will implement a sensing solution that leverages existing 3GPP signals to demonstrate how AI enhances sensing accuracy while adapting to dynamic environments to deliver more robust services and experiences.
Anticipated hallmark technologies of 6G are the integration of sensing and communication (ISAC) and use of AI everywhere in the network to manage, predict, and solve a wide variety of problems. AI-enabled wireless sensing uses wireless signals to detect environmental changes, objects, or human activities. The combination of AI and sensing will empower wireless networks to better understand their surroundings and unlock a broad range of use cases, like immersive experiences, intruder detection for smart homes, eHealth monitoring, autonomous vehicles in connected environments, and more.
InterDigital and Keysight’s joint demo will showcase how AI-enabled sensing can empower robust sensing with high accuracy, even in dynamic or cluttered environments, to enable real-time, non-intrusive monitoring and seamless integration of the sensing data into diverse applications. Using a radio frequency (RF) digital twin and leveraging signals compliant with existing 3GPP standards, the demo will show how the integration of AI enables the network to accurately track human presence and movement by analyzing variations in channel state information (CSI).
"We are glad to continue our partnership with Keysight and bolster our efforts to create and validate robust AI solutions for wireless networks,” said Milind Kulkarni, Head of Wireless Labs at InterDigital. “Our collaboration spotlights the potential for 6G and the ways wireless evolution will make networks smarter and more aware of their environments to deliver even more robust services and use cases.”
“As we enter a new era of connectivity, the integration of AI in wireless communications is poised to transform the industry,” said Michael Dieudonné, R&D manager, 6G and Next Generation Technology at Keysight. “Our strategic collaboration with InterDigital started in the SNS JU project CENTRIC supported by 6G-SANDBOX and enables us to push the limits of innovation with AI and wireless technologies' convergence, paving the way for innovative applications and smarter networks.”
This demonstration includes technology developed by Keysight as part of CENTRIC and 6G-SANDBOX, projects that have received funding from the Smart Networks and Services Joint Undertaking (SNS JU) under the European Union's Horizon Europe research and innovation program under Grant Agreement No 101096379 and 101096328 respectively.
To experience this demo at Mobile World Congress, please visit InterDigital’s booth at Hall5C51.
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital® is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital Contact:
Roya Stephens
Email: Roya.Stephens@InterDigital.com
Telephone: +1 (202) 349-1714
Monterey2000
6 days ago
I used AI ChatGPT for its thoughts to explain what might have caused last night’s $40+ trade in after-hours.
Below is AI ChatGPT’s response.
An investor might buy just a few shares in the after-market at a significantly higher price than the day’s closing price due to the following reasons:
1. Testing Liquidity & Price Movement
• Some traders place small orders to gauge supply and demand in after-hours trading.
• If their small buy is filled at a much higher price, they may reconsider making a larger purchase.
2. Low Liquidity & Wide Spreads
• After-hours trading has fewer participants, leading to wider bid-ask spreads.
• A small market order could execute at a much higher price than expected due to limited sellers.
3. Urgency & FOMO (Fear of Missing Out)
• An investor may believe a stock will gap up at the next open and rush to buy, even at a premium.
• They might buy a small amount first to secure a position before committing more capital.
4. Market Manipulation or Testing Stop-Loss Levels
• Some traders use small trades to artificially move the price, triggering stop-losses or buy signals.
• This could encourage larger investors to react, creating a self-fulfilling price movement.
5. Retail Investor Behavior
• A retail investor may mistakenly place a market order instead of a limit order, resulting in a high fill price.
• New investors might not be aware of after-hours trading risks.
If an investor’s small after-hours buy is filled at a much higher price, they might consider a larger purchase for several reasons:
1. Confirmation of Demand & Momentum
• A higher fill price might indicate strong buying pressure, suggesting the stock could continue rising.
• Investors may see this as a bullish signal and decide to buy more before the price increases further.
2. Limited Selling Pressure & Low Liquidity
• If a small order executes at a higher price due to low liquidity, the investor might believe that larger institutions will step in when the market reopens, pushing the price even higher.
• They might be willing to pay a premium now rather than risk an even higher open price.
3. Strategic Accumulation
• Some investors buy in small increments to avoid moving the price too much at once.
• If the initial small buy executes at a high price but still sees buying interest, they may continue accumulating shares in stages.
4. Fear of Missing Out (FOMO)
• If the investor believes the stock is about to experience a major breakout, they might accept the high price as a cost of getting in early.
• This often happens when positive news is released after market close.
5. Stop-Loss or Buy Signal Triggers
• Some traders place small orders to test price levels and see if automated buy orders (such as stop-limit or momentum-based buys) get triggered.
• If these orders activate, they may feel more confident about increasing their position.
Gamco
1 week ago
From Gemini:
Tesla has been involved in a legal dispute with InterDigital and Avanci concerning 5G patent licensing for its vehicles. Here's a summary of the situation:
Tesla's Lawsuit:
* Tesla filed a lawsuit in the UK against InterDigital and Avanci, seeking a determination of whether Avanci's licensing terms for 5G patents were fair, reasonable, and non-discriminatory (FRAND).
* Tesla also sought to invalidate three of InterDigital's UK patents that are part of the Avanci 5G pool.
* Tesla argued that it already had a 4G license from Avanci and wanted a preferential rate for 5G.
Court Decisions:
* The UK High Court initially dismissed Tesla's case, stating that there were no serious issues to be tried against either Avanci or InterDigital.
* Tesla is currently appealing this decision.
Key Issues:
* FRAND Licensing: The core issue is whether Avanci's licensing terms for 5G patents are fair and non-discriminatory. Tesla argues that they are not.
* Patent Validity: Tesla is challenging the validity of some of InterDigital's patents.
* Jurisdiction: There have been challenges to the UK court's jurisdiction to hear the case.
Avanci's Position:
* Avanci is a patent licensing platform that represents multiple patent holders, including InterDigital.
* Avanci offers a single license to access the essential patents for various technologies, including 5G.
InterDigital's Position:
* InterDigital is a research and development company that holds patents related to mobile, video, and AI technologies.
* InterDigital is part of the Avanci licensing platform.
Potential Outcomes:
* The Court of Appeal could overturn the High Court's decision and allow Tesla's case to proceed.
* The court could uphold the High Court's decision, dismissing Tesla's case.
* The parties could reach a settlement agreement outside of court.
This is an ongoing legal dispute, and the final outcome will have implications for 5G patent licensing in the automotive industry.