Broadcom, Marvell Technology, PMC-Sierra, and Applied Micro Circuits Early Briefing and Review

LONDON, July 18, 2013 /PRNewswire/ --

On Wednesday, July 17, 2013, shares in semiconductor companies ended mostly higher, tracking gains in the broader market which moved higher following comments from Federal Reserve Chairman Ben Bernanke. The major movers in the industry included Broadcom Corporation (NASDAQ: BRCM), Marvell Technology Group Ltd. (NASDAQ: MRVL), PMC-Sierra Inc. (NASDAQ: PMCS), and Applied Micro Circuits Corporation (NASDAQ: AMCC). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:

http://www.aaaresearchreports.com/register/

Shares in Broadcom Corporation fell sharply on Wednesday even as the broader market edged higher. The company's shares ended the day 3.57% lower at $33.60 after oscillating between $32.85 and $34.30. A total of 20.22 million shares were traded which is above the daily average volume of 6.67 million. Broadcom's shares have gained 3.32% in the last three months as compared to a gain of 8.31% inthe S&P 500. Sign up for free report on BRCM at:

http://www.AAAResearchReports.com/BRCM071813.pdf

Marvell Technology Group Ltd's stock edged higher on Wednesday, tracking gains in the broader market. The company's shares oscillated between $11.86 and $12.02 before finishing the day 1.26% higher at $12.01. A total of 2.62 million shares were traded which is below the daily average volume of 6.08 million. Marvell Technology's shares have gained 5.91% in the last one month and 21.81% in the last three months as compared to a gain of 2.55% and 8.31% in the S&P 500 during the respective periods. Moreover, the stock is currently trading near its 52-week high of $12.32. MRVL free technical report can be accessed by signing up at:

http://www.AAAResearchReports.com/MRVL071813.pdf

Shares in PMC-Sierra Inc. moved higher on Wednesday, finishing at $6.73, up 0.45% from its previous closing price. The company's shares fluctuated between $6.67 and $6.77. A total of 1.37 million shares were traded which is below the daily average volume of 1.84 million. PMC-Sierra's shares are currently trading near their 52-week high of $6.88. Furthermore, the stock is also trading above its 50-day and 200-day moving averages. A free report on PMCS can be accessed by registering at:

http://www.AAAResearchReports.com/PMCS071813.pdf

Applied Micro Circuits Corporation's stock rose sharply on Wednesday, extending its gains from previous trading sessions. The company's shares ended the day 2.00% higher at $11.22 after striking a 52-week high of $11.26. A total of 1.45 million shares were traded which is above the daily average volume of 1.03 million. Applied Micro Circuits' shares have gained 38.52% in the last one month and 64.88% in the last three months, outperforming the S&P 500 during the respective periods. Register with AAA Research Reports and download research on AMCC for free at:

http://www.AAAResearchReports.com/AMCC071813.pdf

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SOURCE AAA Research Reports

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