NEW YORK, June 12, 2017 /PRNewswire/ --
Today, DailyStockTracker.com evaluates four Semiconductor
Integrated Circuits stocks, namely: Marvell Technology Group Ltd
(NASDAQ: MRVL), Taiwan Semiconductor Manufacturing Co. Ltd (NYSE:
TSM), Analog Devices Inc. (NASDAQ: ADI), and Xilinx Inc. (NASDAQ:
XLNX). According to data from the World Semiconductor Trade
Statistics, the Semiconductor industry is a $378-billion worldwide market with a projected
annual growth rate of 11.5%. Learn more about these stocks by
downloading their comprehensive and free reports from
DailyStockTracker.com member's area at:
http://dailystocktracker.com/register/
Marvell Technology
Hamilton, Bermuda headquartered
Marvell Technology Group Ltd's shares finished Friday's session
3.25% lower at $17.26. A total volume
of 8.52 million shares was traded, which was above their three
months average volume of 7.07 million shares. The stock has gained
9.59% in the last month, 5.31% over the previous three months, and
24.44% on an YTD basis. The Company's shares are trading above
their 50-day and 200-day moving averages by 9.55% and 18.68%,
respectively. Moreover, shares of Marvell Technology, which
designs, develops, and markets analog, mixed-signal, digital signal
processing, and embedded and standalone integrated circuits, have a
Relative Strength Index (RSI) of 58.29.
On May 26th, 2017,
research firm Oppenheimer upgraded the Company's stock rating from
'Perform' to 'Outperform'.
On May 31st, 2017,
Marvell Technology announced the Alaska® M 88E2180 Gigabit
Ethernet transceiver, the world's first, octal, multi-Gigabit
Ethernet transceiver compatible with both the IEEE 802.3bz standard
and the NBASE-T
Alliance[SM]specification for 2.5
Gbps and 5 Gbps operations over CAT5e cables. This highly
sophisticated IC will enable enterprises to quickly and
cost-effectively migrate to multi-Gigabit Ethernet networking
infrastructure. MRVL complete research report is just a click away
and free at:
http://dailystocktracker.com/registration/?symbol=MRVL
Taiwan Semiconductor Manufacturing
Shares in HsinChu, Taiwan
headquartered Taiwan Semiconductor Manufacturing Co. Ltd ended the
day 2.82% lower at $35.79. A total
volume of 12.04 million shares was traded, which was above their
three months average volume of 5.84 million shares. The stock has
advanced 1.07% in the last month, 15.23% in the previous three
months, and 24.49% since the start of this year. The Company's
shares are trading 4.98% and 14.34% above their 50-day and 200-day
moving averages, respectively. Moreover, shares of Taiwan
Semiconductor Manufacturing, which together with its subsidiaries,
engages in the computer-aided design, manufacture, packaging,
testing, sale, and marketing of integrated circuits, color filters,
and other semiconductor devices primarily in Taiwan, have an RSI of 56.32. The
complimentary report on TSM can be downloaded at:
http://dailystocktracker.com/registration/?symbol=TSM
Analog Devices
Norwood, Massachusetts
headquartered Analog Devices Inc.'s stock dropped 4.66%, closing
the session at $78.60. A total volume
of 4.94 million shares was traded, which was above their three
months average volume of 3.97 million shares. The Company's shares
have gained 8.23% on an YTD basis. The stock is trading 7.42% above
its 200-day moving average. Additionally, shares of Analog Devices,
which designs, manufactures, and markets a portfolio of solutions
that leverage analog, mixed-signal, and digital signal processing
technology, including integrated circuits, algorithms, software,
and subsystems, have an RSI of 44.73.
On May 31st, 2017,
Analog Devices announced that the Board of Directors has declared a
quarterly cash dividend of $0.45 per outstanding share of
common stock, representing an annual dividend per share of
$1.80. The dividend will be paid
on June 20th, 2017, to all shareholders of record
at the close of business on June 09th, 2017.
On June 02nd, 2017,
research firm Nomura downgraded the Company's stock rating from
'Neutral' to 'Reduce'. Sign up for your complimentary research
report on ADI at:
http://dailystocktracker.com/registration/?symbol=ADI
Xilinx
On Friday, shares in San Jose,
California headquartered Xilinx Inc. finished the session
3.92% lower at $65.40. A total volume
of 5.29 million shares was traded, which was above their three
months average volume of 3.19 million shares. The stock has gained
1.21% in the last month, 9.82% over the previous three months, and
8.33% on an YTD basis. The Company's shares are trading above their
50-day and 200-day moving averages by 5.40% and 14.16%,
respectively. Moreover, shares of Xilinx, which designs and
develops programmable devices and associated technologies
worldwide, have an RSI of 52.99.
On May 18th, 2017,
Xilinx announced that it has invested in DeePhi Tech, a recognized
leader in machine learning specializing in deep compression,
compiling toolchain, and system-level optimization. Leveraging the
architectural advantages of Xilinx® devices for machine learning,
DeePhi provides inference platforms from edge to cloud for the
coming wave of AI products and services in the industry.
On May 23rd, 2017,
research firm Wells Fargo downgraded the Company's stock rating
from 'Outperform' to 'Market Perform'. Get free access to your
research report on XLNX at:
http://dailystocktracker.com/registration/?symbol=XLNX
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