oday, 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:
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:
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:
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:
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:
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