Chip Movers: AMD, NVIDIA Corporation (NASDAQ:NVDA), Micron Technology, Inc. (NASDAQ:MU), Alcatel Lucent SA (ADR) (NYSE:ALU)

Advanced Micro Devices, Inc. (NYSE:AMD) prices $600 mln of 6.75% Senior Notes due 2019. Advanced Micro Devices, Inc. (NYSE:AMD) stock opened at $3.71 in last trading session, and closed at $3.69, trading in the range of $3.66 – $3.75. The stock showed a negative weekly performance of -0.27%.

NVIDIA Corporation (NASDAQ:NVDA)Is About To Steal The Cryptocurrency Mining Crown From AMD.As we learned from my introduction to the GTX 750 Ti, first-generation Maxwell cards exhibit a 35% peak performance boost per core and twice the performance per watt. They also blow Kepler hashrates out of the water. Based on what I’m seeing with the 750 Ti, Nvidia is poised to embarrass AMD in the performance-per-watt race — and that’s a substantial factor when you’re paying the inflated energy bills caused by mining. Nvidia didn’t breathe a word of Maxwell’s seriously improved hashing ability in their marketing copy or press briefings, but Tom’s Hardware discovered it, and I’ve been able to replicate their findings with multiple 750 Ti cards from both Nvidia and PNY. NVIDIA Corporation (NASDAQ:NVDA) stock opened at $18.75 in last trading session and closed at $18.64. The 52 week range of the stock is $12.04 – $18.99 and the day range was $18.52 – $18.99.

Equities research analysts at Sanford C. Bernstein upped their target price on shares of Micron Technology (NYSE:MU) from $30.00 to $32.00 in a research note issued to investors on Wednesday, Analyst Ratings Network.com reports. Sanford C. Bernstein’s target price indicates a potential upside of 25.54% from the stock’s previous close. Micron Technology, Inc. (NASDAQ:MU) shares closed at $25.08 on last trade day, by losing -1.61%. Stock 52 week range is $7.72 – $25.68. Company’s market capitalization is $26.61 billion.

Sequans Communications S.A. and Alcatel Lucent SA (ADR) (NYSE:ALU) are conducting two LTE technology demonstrations at Mobile World Congress using Alcatel-Lucent’s LTE Radio Access Network (RAN) equipment and Sequans-powered LTE user devices. The two companies will demonstrate carrier aggregation, using Sequans’ Cassiopeia LTE-Advanced Platform, and LTE Broadcast, using Sequans’ Mont Blanc LTE platform. The demonstrations will take place in Alcatel-Lucent’s booth in hall 3, stand 3K10. The carrier aggregation demo showcases the maturity and performance of the carrier aggregation capability of Sequans’ Cassiopeia LTE-Advanced platform, as well as of Alcatel-Lucent’s LTE Overlay solution. Alcatel Lucent SA (ADR) (NYSE:ALU) stock finished the last session at $4.26. The EPS of the stock remained -1.60. Company’s market capitalization is $10.23 billion.

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