News Recap: Intel Corporation (NASDAQ:INTC), NVIDIA Corporation (NASDAQ:NVDA), Atmel Corporation (NASDAQ:ATML), Microchip Technology Inc. (NASDAQ:MCHP), ARM Holdings plc (ADR) (NASDAQ:ARMH)

Intel Corporation (NASDAQ:INTC), will soon have a new chief marketing officer, Steven Fund on whom the company is relying for restoring the shine that the brand enjoyed once. To make the work on new CMO easier, the chipmaker is cutting down on the jobs in its marketing department. Intel Corporation (NASDAQ:INTC), net profit margin is 18.00% and weekly performance is -1.25%. On last trading day company shares ended up $43.94. Analysts mean target price for the company is $26.86. Intel Corporation (NASDAQ:INTC), distance from 50-day simple moving average (SMA50) is 0.93%.

On May 08, 2014, NVIDIA Corporation (NASDAQ:NVDA), has reported revenue for the first quarter of fiscal 2015, ended April 27, 2014, of $1.103 billion, up 16 percent from a year earlier and down 4 percent from $1.144 billion in the previous quarter. NVIDIA Corporation (NASDAQ:NVDA), advanced 3.23% in last trading session and ended the day on $18.54. NVDA, Gross Margin is 55.00% and its return on assets is 7.90%. NVIDIA Corporation (NASDAQ:NVDA), quarterly performance is 4.04%.

On May 15, 2014, Atmel Corporation (NASDAQ:ATML), along with another company is developing in the next generation, ultra-thin touchscreen that will allow multitouch functionality. If it happens, mobile devices and PCs may see exciting changes. Atmel Corporation (NASDAQ:ATML), shares moved up 2.06% in last trading session and was closed at $7.94, while trading in range of $7.71 – 7.99. Atmel Corporation (NASDAQ:ATML), year to date (YTD) performance is 1.40%.

Microchip Technology Inc. (NASDAQ:MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, reported results for the three months and fiscal year ended March 31, 2014. Consolidated net sales for the fourth quarter of fiscal 2014 were $493.4 million, up 2.3% sequentially from net sales of $482.4 million in the immediately preceding quarter, and up 14.7% from net sales of $430.1 million in the prior year’s fourth quarter. Consolidated GAAP net income for the fourth quarter of fiscal 2014 was $111.5 million, or 50 cents per diluted share, up 5.8% from GAAP net income of $105.4 million, or 48 cents per diluted share, in the immediately preceding quarter, and up 86.8% from GAAP net income of $59.7 million, or 28 cents per diluted share, in the prior year’s fourth quarter. Microchip Technology Inc. (NASDAQ:MCHP), ended the last trading day at $46.40. Company weekly volatility is calculated as 1.69% and price to cash ratio as 6.87. Microchip Technology Inc. (NASDAQ:MCHP), showed a negative weekly performance of 2.66%.

ARM Holdings plc (ADR) (NASDAQ:ARMH)‘s stock had its “buy” rating restated by research analysts at Goldman Sachs in a report released on Thursday. They currently have a GBX 1,450 ($24.39) price target on the stock. Goldman Sachs’ target price would suggest a potential upside of 68.51% from the stock’s previous close. ARM Holdings plc (ADR) (NASDAQ:ARMH), net profit margin is 15.80% and weekly performance is -4.75%. On last trading day company shares ended up $43.94. Analysts mean target price for the company is $53.65. ARM Holdings plc (ADR) (NASDAQ:ARMH), distance from 50-day simple moving average (SMA50) is -8.13%.

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