Advanced Micro Devices, Inc. (NYSE:AMD) finally embraces Android as it looks beyond Windows. After flirting with the idea for more than a year, Advanced Micro Devices has finally provided concrete details for bringing Android to its chips as the company looks to support more operating systems beyond Windows. Advanced Micro Devices, Inc. (NYSE:AMD) net profit margin is 0.80%and weekly performance is -6.07%.On last trading day company shares ended up $ 3.87. Analysts mean target price for the company is $4.12. Advanced Micro Devices, Inc. (NYSE:AMD) distance from 50-day simple moving average (SMA50) is -1.78%.
Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of NVIDIA Corporation (NASDAQ:NVDA) in a research note on Friday. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. NVIDIA currently has a consensus rating of “Hold” and an average target price.NVIDIA Corporation (NASDAQ:NVDA) shares fell -2.43%in last trading session and ended the day on $18.05. NVDA Gross Margin is 54.90%and its return on assets is 7.10%.NVIDIA Corporation (NASDAQ:NVDA) quarterly performance is 14.24%.
Recent Intel Corporation (NASDAQ:INTC) news indicates the giant chip-maker’s increasing interest in Google Inc (NASDAQ:GOOGL)’s Chrome books. Chrome, an open source operating system is offered by Google Inc (NASDAQ:GOOGL), will now be available as Chrome-only computers or Chrome books, just like Windows OS running notebooks and Mac notebooks. Besides, a range of dedicated all-in-one Chrome boxes for desktops by different computer manufacturers are also in the line-up. Intel Corporation (NASDAQ:INTC) shares moved down -0.15% in last trading session and was closed at $26.30, while trading in range of $26.22 – $26.41. Intel Corporation (NASDAQ:INTC) year to date (YTD) performance is 3.14%.
ARM Holdings plc (ADR) (NASDAQ:ARMH) has predicted that within the next few months, a smartphone will be created that retails for just $20 as device. During a presentation at the company’s second annual Tech Day, ARM Holdings plc (ADR) (NASDAQ:ARMH) forecast that a smartphone running on Google’s (NASDAQ:GOOG)(NASDAQ:GOOGL) open-source .ANDROID operating system with one of ARM’s Cortex A5 processors would become available in the next few months retailing for $20.ARM Holdings plc (ADR) (NASDAQ:ARMH) ended the last trading day at $44.85. Company weekly volatility is calculated as 1.99%and price to cash ratio as 21.65. ARM Holdings plc (ADR) (NASDAQ:ARMH) showed a negative weekly performance of -0.22%.
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