Notable Movers: QUALCOMM (NASDAQ:QCOM), Atmel Corporation (NASDAQ:ATML), ON Semiconductor Corp (NASDAQ:ONNN), Freescale Semiconductor Ltd (NYSE:FSL), Texas Instruments Incorporated (NASDAQ:TXN)

International chip maker, QUALCOMM, Inc. (NASDAQ:QCOM), is planning to make an early move into the booming 4G LTE network expansion in India. The ongoing fitting of affordable 4G LTE handsets with mid-tier chipsets looks to have triggered a race for the markets, from big chip companies likeBroadcom Corporation (NASDAQ:BRCM)and Media Tek. The big chip companies expect 4G powered devices to be in use as of the second half of the year. QUALCOMM, Inc. (NASDAQ:QCOM), net profit margin is 26.90% and weekly performance is 1.12%. On last trading day company shares ended up $80.45. Analysts mean target price for the company is $84.96. QUALCOMM, Inc. (NASDAQ:QCOM), distance from 50-day simple moving average (SMA50) is 1.45%.

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), advanced 0.36% in last trading session and ended the day on $8.38. ATML, Gross Margin is 41.80% and its return on assets is 2.10%. Atmel Corporation (NASDAQ:ATML), quarterly performance is 3.97%.

On May 14, 2014, ON Semiconductor Corp (NASDAQ:ONNN)’s stock dropped 0.80% to $8.71. ON Semiconductor’s stock was downgraded to Sell from Neutral at Citigroup on May 9 citing double ordering concerns and weakness in the company’s Sanyo business. Citi lowered its price target for shares to $8 from $10.50. ON Semiconductor Corp (NASDAQ:ONNN), shares moved down 0.11% in last trading session and was closed at $8.69, while trading in range of $8.67 – 8.81. ON Semiconductor Corp (NASDAQ:ONNN), year to date (YTD) performance is 5.46%.

On May 20, 2014, Freescale Semiconductor Ltd (NYSE:FSL), reported that Freescale Semiconductor (FSL) is using Vitesse’s VSC9953-01 SparX Gigabit Ethernet switch IP core in Freescale’s 28nm QorIQ T1040 quad-core and T1020 dual-core communications processors, now sampling to customers. Freescale Semiconductor Ltd (NYSE:FSL), ended the last trading day at $22.19. Company weekly volatility is calculated as 2.75% and price to cash ratio as 9.47. Freescale Semiconductor Ltd (NYSE:FSL), showed a positive weekly performance of 3.59%.

On May 27, 2014, Texas Instruments Incorporated (NASDAQ:TXN), Investor Relations Director Dave Pahl will speak at the Bank of America Merrill Lynch 2014 Global Technology Conference in San Francisco on Tuesday, June 3, at 2:05 p.m. Pacific time. Texas Instruments Incorporated (NASDAQ:TXN), net profit margin is 18.30% and weekly performance is 1.82%. On last trading day company shares ended up $46.98. Analysts mean target price for the company is $49.18. Texas Instruments Incorporated (NASDAQ:TXN), distance from 50-day simple moving average (SMA50) is 2.08%.

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