Broadcom has around 90% market share for smartphone combo chips, according to analyst Patrick Wang of Evercore Partners.

FORBES: Broadcom Challenges Qualcomm With 'Smallest' 4G LTE Smartphone Modem

Earlier, I noted that Evercore analyst Patrick Wang today cut ratings on both Nvidia and Advanced Micro Devices, while likewise cutting numbers on Intel.

FORBES: More Gloom On Chips: Susquehanna Cuts NVDA, LLTC

Evercore Partners analyst Patrick Wang this morning offered some cautionary comments on PC-related chip stocks, cutting his ratings on AMD and Nvidia and reducing estimates on Intel in the face of ongoing evidence of weak PC demand.

FORBES: AMD, Nvidia, Intel: Evercore Turns Wary As PC Sales Weaken