Chip Stocks In News: NVIDIA Corporation (NASDAQ:NVDA), Advanced Micro Devices, Inc (NYSE:AMD), QUALCOMM ( NASDAQ:QCOM), ARM Holdings plc (NASDAQ:ARMH)

Director of Engineering for Developer Technology at NVIDIA Corporation (NASDAQ:NVDA), who offered a rebuttal to a Forbes story we covered. In that story, AMD’s Robert Hallock alleged that Nvidia’s Game Works program prevents AMD from working with game developers on GPU optimizations. NVIDIA Corporation (NASDAQ:NVDA)’s stock in last trading day held average volume of 6.67 million shares. NVIDIA Corporation (NASDAQ:NVDA) net profit margin is 11.70% and weekly performance is 3.71 %. On last trading day company shares ended up $19.00. Analysts mean target price for the company is $19.13. NVIDIA Corporation (NASDAQ:NVDA) distance from 50-day simple moving average (SMA50) is 3.31%.

On May 29, Advanced Micro Devices, Inc (NYSE:AMD) and Nvidia have for years been locked in a struggle for dominance in the graphics card market, but this week that competition spilled over into something a lot nastier. Instead of competing over specs and release dates, AMD’s Robert Hallock has told Forbes that Nvidia’s Game works program – which lets developers implement a range of “exclusive” graphical features in games – is “a clear and present threat to gamers”. On last trading day, Advanced Micro Devices, Inc. (NYSE:AMD)’s stock Advanced Micro Devices, Inc (NYSE:AMD) shares fell -0.74% in last trading session and ended the day on $4.00. Gross Margin is 36.00 % and its return on assets is 1.00 %. Advanced Micro Devices, Inc (NYSE:AMD) quarterly performance is 7.82%.

QUALCOMM, Inc ( NASDAQ:QCOM) shares were the target of some unusual options trading on Friday. Stock traders purchased 34,875 call options on the stock, Analyst reports. This represents an increase of 216% compared to the average daily volume of 11,033 call options. QUALCOMM, Inc, (NASDAQ:QCOM) shares moved up 0.32% in last trading session and was closed at $80.45, while trading in range of $79.92-$80.53. QUALCOMM, Inc (NASDAQ:QCOM) year to date (YTD) performance is 8.86 %.

On May 29, ARM Holdings plc (ADR) (NASDAQ:ARMH) June and July call implied volatility is at 28, October and January is at 31; compared to its 26-week average of 33 according to Track Data, suggesting decreasing price movement. ARM Holdings Plc (ADR) (NASDAQ:ARMH) ended the last trading day at $46.20. Company weekly volatility is calculated as 1.44% and price to cash ratio as 22.28. ARM Holdings Plc (ADR) (NASDAQ:ARMH) showed a positive weekly performance of 2.74%.

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