Irvine-based Broadcom Corp. (NASDAQ:BRCM) on Tuesday announced its first system-on-a-chip geared for the latest generation of smart phones and other mobile devices, commonly referred to as LTE, or Long-Term Evolution. Broadcom Corporation (NASDAQ:BRCM) stock opened at $30.93 in last session, and closed at $31.30, while the day range of BRCM stock is $30.86 – $31.37. The stock showed a positive weekly performance of 3.16%.
Investors in Marvell Technology Group Ltd. (Symbol: MRVL) saw new options become available for the March 28th expiration. At Stock Options Channel , it has looked up and down the Marvell Technology Group Ltd. (NASDAQ:MRVL) options chain for the new March 28th contracts and identified one put and one call contract of particular interest. Marvell Technology Group Ltd. (NASDAQ:MRVL) stock opened at $15.32, in last session and closed at $15.32, by gaining 0.59%. The 52 week range of MRVL is $9.16 – $15.82. Company’s market capitalization is $7.54billion.
India has approved the setting up of semiconductor wafer plants by two consortia, including IBM Corp, Israel’s TowerJazz and STMicroelectronics NV (ADR) (NYSE:STM), costing a total of 634.1 billion rupees ($10.17 billion). STMicroelectronics N.V. (ADR) (NYSE:STM) stock advanced 1.32% and finished the last session at $8.47. The EPS of the stock remained -0.56. Company’s market capitalization is $7.54billion.
Texas Instruments Incorporated (NASDAQ:TXN) announced Kim Wong’s election as vice president. As vice president of Signal and Datapath Solutions (SDS), Wong is responsible for leading its strategic business advancement, including managing profit and loss, product development and management, and managing research and development investments that will ensure continuous business growth. Texas Instruments Incorporated (NASDAQ:TXN) stock opened the session at $43.52, and closed the session at $43.86. The 52 week range of the TXN stock remained $32.19 – $44.82 and the day range was $43.40 – $43.94.
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