News Buzz: Cypress Semiconductor Corporation (NASDAQ:CY), ON Semiconductor Corp (NASDAQ:ONNN), Texas Instruments Incorporated (NASDAQ:TXN), Pericom Semiconductor (NASDAQ:PSEM), TOSHIBA CORP (OTCMKTS:TOSBF)

On May 27, Cypress Semiconductor Corp. (NASDAQ:CY) announced a new strategic partnership with IDEX ASA to develop fingerprint recognition solutions. Under the terms of the agreement, Cypress will offer its customers fingerprint solutions based on IDEX’s award-winning fingerprint imaging and recognition technology, alongside Cypress’s industry-leading portfolio of TrueTouch® touchscreen controllers,CapSense® touch-sensing controllers and trackpad solutions. The combination will streamline the design of personal security and sleek user interfaces for smartphones, tablets, wearables, identity cards and a host of Internet of Things applications. Cypress Semiconductor Corporation (NASDAQ:CY) net profit margin is -3.70% and weekly performance is 8.76%. On last trading day company shares ended up $10.31. Analysts mean target price for the company is $10.50. Cypress Semiconductor Corporation (NASDAQ:CY) distance from 50-day simple moving average (SMA50) is 3.98%.

On May 20, ON Semiconductor (Nasdaq:ONNN), driving energy efficient innovations, has introduced a new family of six N-channel Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) that have been designed and optimized to deliver industry leading efficiency compared to existing devices on the market. ON Semiconductor Corp (NASDAQ:ONNN) shares advanced 0.12% in last trading session and ended the day on $8.70. Gross Margin is 34.80% and its return on assets is 5.70%. ON Semiconductor Corp (NASDAQ:ONNN) quarterly performance is -6.45%.

Texas Instruments Incorporated (NASDAQ:TXN) expects 2Q2014 revenue growth of 13 percent on a year-over-year basis. The company registered 11 percent revenue growth in 1Q2014 leading to actual revenue of $9.98 billion. The actual revenue expectation in the current quarter (2Q2014) is between $3.1 and $3.4 billion. Earnings in the current quarter are expected to come in between $0.55 and $0.63 per share. The company earned $0.44 per share in 1Q. Texas Instruments Incorporated (NASDAQ:TXN) Vice President Ron Slaymaker said the analog and embedded segments of the business are doing well in the automotive and industrial markets. The segment contributed 84 percent of the total revenue generated in 1Q. Texas Instruments Incorporated (NASDAQ:TXN) shares moved up 0.43% in last trading session and was closed at $46.66, while trading in range of $46.39 – $46.66. Texas Instruments Incorporated (NASDAQ:TXN) year to date (YTD) performance is 7.71%.

On May 14, As of late, it has definitely been a great time to be an investor in Pericom Semiconductor (NASDAQ:PSEM). The stock has moved higher by 17.6% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path. Pericom Semiconductor (NASDAQ:PSEM) ended the last trading day at $8.98. Company weekly volatility is calculated as 2.93% and price to cash ratio as 2.16. Pericom Semiconductor (NASDAQ:PSEM) showed a positive weekly performance of 6.40%.

TOSHIBA CORP (OTCMKTS:TOSBF) unveiled three new affordable tablets, only one of which is running Android. Two others, Encore 8 and Encore 10, are powered by Windows. TOSHIBA CORP (OTCMKTS:TOSBF) On last trading day company shares ended up $4.06.

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