Chip Stocks in News: Advanced Micro Devices (NYSE:AMD), Intel Corporation (NASDAQ:INTC), NVIDIA Corporation (NASDAQ:NVDA), QUALCOMM (NASDAQ:QCOM)

Posted by on Apr 19, 2014

The chip maker Advanced Micro Devices, Inc. (NYSE:AMD) on April 17 reported revenues of $1.4 billion (£834m), a 28 percent jump over the same period in 2013. However, after two straight quarters of profits, AMD officials said the company lost $20 million (£12m) in the first three months. Advanced Micro Devices, Inc. (NYSE:AMD) shares after opening at $3.78 moved to $3.80 on last trade day and at the end of the day closed at $3.69. Company price to sales ratio in past twelve months was calculated as 0.53 and price to cash ratio as 2.56. Advanced Micro Devices, Inc. (NYSE:AMD) showed a negative weekly performance of -4.16%.

Intel Corporation (NASDAQ:INTC) the largest and most highly valued semiconductor chip maker in the USA, said its profit for the first quarter fell by 4.8% to $1.95 billion from $2.05 billion year-on-year. Intel Corporation (NASDAQ:INTC) shares advanced 0.41% in last trading session and ended the day on $27.04. INTC return on equity ratio is recorded as 17.60% and its return on assets is 10.90%. Intel Corporation (NASDAQ:INTC) yearly performance is 26.30%.

NVIDIA (NASDAQ:NVDA) CAO David Shannon sold 2,446 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $18.33, for a total transaction of $44,835.18. Following the completion of the sale, the chief accounting officer now directly owns 240,917 shares of the company’s stock, valued at approximately $4,416,009. NVIDIA Corporation (NASDAQ:NVDA) shares moved up 0.38% in last trading session and was closed at $18.56, while trading in range of $18.38 – $18.73. NVIDIA Corporation (NASDAQ:NVDA) year to date (YTD) performance is 16.36%.

QUALCOMM, Inc. (NASDAQ:QCOM) Net operating cash flow has increased to $2,781.00 million or 40.81% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 19.80%. QUALCOMM, Inc. (NASDAQ:QCOM) weekly performance is 4.16%. On last trading day company shares ended up $81.32. QUALCOMM, Inc. (NASDAQ:QCOM) distance from 50-day simple moving average (SMA50) is 5.77%. Analysts mean target price for the company is $82.61.

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