Semiconductor Stocks Under Review -- Advanced Micro Devices, Intel, Intersil, and STMicroelectronics
NEW YORK, January 11, 2017 /PRNewswire/ --
The Semiconductor industry is known for being in a constant state of flux given the steady advances in its technology, with its companies churning up and down more actively than the broader market with some very high betas. Pre-market, Stock-Callers.com draws attention to the Broad Line Semiconductor category to see how some equities have performed in recent days. Under assessment today are: Advanced Micro Devices Inc. (NASDAQ: AMD), Intel Corp. (NASDAQ: INTC), Intersil Corp. (NASDAQ: ISIL), and STMicroelectronics N.V. (NYSE: STM). Learn more about these stocks by downloading their free research reports in PDF format at:
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Advanced Micro Devices
California headquartered Advanced Micro Devices Inc.'s stock finished Tuesday's session 0.44% lower at $11.44 with a total trading volume of 29.12 million shares. The Company's shares have advanced 10.64% in the past month, 67.25% in the previous three months, and 0.88% on an YTD basis. The stock is trading 23.77% above its 50-day moving average and 82.48% above its 200-day moving average. Additionally, shares of Advanced Micro Devices, which operates as a semiconductor company worldwide, have a Relative Strength Index (RSI) of 65.78.
On December 20th, 2016, research firm Mizuho upgraded the Company's stock rating from 'Neutral' to 'Buy', with a target price of $13 per share.
On January 05th, 2017, AMD unveiled preliminary details of its forthcoming GPU architecture, Vega. Conceived and executed over 5 years, Vega architecture enables new possibilities in PC gaming, professional design, and machine intelligence that traditional GPU architectures have not been able to address effectively. The high-bandwidth cache controller in Vega-based GPUs can access on-package cache and off-package memories in a flexible, programmable fashion using fine-grained data movement. Sign up and read the free research report on AMD at:
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Intel
On Tuesday, shares in California-based Intel Corp. recorded a trading volume of 15.91 million shares. The stock ended the session 0.19% lower at $36.54. The Company's shares have advanced 2.35% in the last one month and 0.74% since the start of this year. The stock is trading 2.97% above its 50-day moving average and 7.93% above its 200-day moving average. Moreover, shares of Intel, which designs, manufactures, and sells integrated digital technology platforms worldwide, have an RSI of 55.35.
On December 13th, 2016, research firm Loop Capital initiated a 'Buy' rating on the Company's stock.
On January 04th, 2017, BMW Group, Intel, and Mobileye announced that a fleet of approximately 40 autonomous BMW vehicles will be on the roads by H2 2017, demonstrating the significant advancements made by the three companies towards fully autonomous driving. The BMW 7 Series will employ cutting-edge Intel and Mobileye technologies during global trials starting in the US and Europe. The complimentary research report on INTC can be downloaded at:
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Intersil
Shares in California headquartered Intersil Corp. closed the day 0.04% lower at $22.33. The stock recorded a trading volume of 3.22 million shares, which was higher than its three months average volume of 1.48 million shares. The Company's shares have gained 0.36% in the last month, 1.09% over the previous three months, and 0.13% on an YTD basis. The stock is trading 0.74% and 28.61% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Intersil, which designs and develops power management and precision analog integrated circuits for applications in the infrastructure, industrial, automotive, military, aerospace, computing, and consumer markets, have an RSI of 60.87.
On December 14th, 2016, Intersil announced its intent to defend itself vigorously against a recently filed lawsuit with the US District Court for the District of Delaware by Monolithic Power Systems (MPS). Intersil stated that it strongly opposes MPS's legal claims, and looks forward to presenting its defenses to the District Court. Register for free on Stock-Callers.com and access the latest report on ISIL at:
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STMicroelectronics
At the close, shares in Switzerland headquartered STMicroelectronics N.V. finished 1.26% higher at $11.29. The stock recorded a trading volume of 2.20 million shares. The Company's shares have advanced 5.32% in the last one month and 36.79% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 12.00% and 52.19%, respectively. Furthermore, shares of STMicroelectronics, which together with its subsidiaries, designs, develops, manufactures, and markets semiconductor products, and subsystems and modules worldwide, have an RSI of 63.22.
On January 04th, 2017, STMicroelectronics announced that it will release Q4 2016 and FY16 earnings before the opening of trading on the European Stock Exchanges on January 26th, 2017. The management of STMicroelectronics will conduct a live webcast of its conference call on the same day at 3:30 a.m. US ET to discuss performance for the reported period.
On January 04th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'. Get free access to your research report on STM at:
http://stock-callers.com/registration/?symbol=STM
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