Investor's Business Daily - The maker of programmable logic devices will likely get a spark from China Mobile's increased infrastructure spending, said Citigroup, which upgraded Altera (NASDAQ:ALTR - News) . China's top mobile carrier plans $20.2 bil in capital spending this year and $39 bil from 2012-13. Citi sees Altera's volumes increasing up to 10% in Q2. Altera climbed 2.3%.
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