Taiwan Semiconductor Manufacturing Co Ltd. (ADR) (NYSE:TSM) the world’s biggest contract chipmaker, is expected to expand its global market share to more than 50 percent this year and to 60 percent in the next few years, benefiting primarily from its leadership position in advanced technologies, Credit Suisse AG said yesterday. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) shares after opening at $19.26 moved to $19.34 on last trade day and at the end of the day closed at $19.09 . Company price to sales ratio in past twelve months was calculated as 5.07 and price to cash ratio as 12.32. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) showed a positive weekly performance of 1.11%.
Brocade Communications Systems (NASDAQ:BRCD) VP Ken Cheng sold 15,000 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $10.35, for a total transaction of $155,250.00. Following the transaction, the vice president now directly owns 292,625 shares in the company, valued at approximately $3,028,669. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares -2.01% in last trading session and ended the day on $10.25. BRCD return on equity ratio is recorded as 13.40% and its return on assets is 8.70%. Brocade Communications Systems, Inc. (NASDAQ:BRCD) yearly performance is 78.26%.
RF Micro Devices, Inc. (NASDAQ:RFMD)’s stock declined 0.32% to $7.91. The companyon Mar. 20 announced that its Gallium Nitride (GaN) amplifier family for the new DOCSIS 3.1 CATV networking standard has won the CableFAX Tech Award for Green Technology. CableFAX’s Green Technology Award recognizes technology that helps cable companies and program distributors cut energy consumption in equipment installed at the headend and/or in equipment distributed to residential and business customers. RFMD was recognized during the CableFAX Digital and Tech Awards ceremony held last week at the Yale Club in New York City. RF Micro Devices, Inc. (NASDAQ:RFMD) shares moved down -2.70% in last trading session and was closed at $7.57 while trading in range of $7.53 – $7.84 – RF Micro Devices, Inc. (NASDAQ:RFMD) year to date (YTD) performance is 46.71%.
TriQuint Semiconductor (NASDAQ:TQNT)‘s stock had its “hold” rating reiterated by analysts at Bank of America in a research report issued to clients and investors on Monday, StockRatingsNetwork reports. TriQuint Semiconductor (NASDAQ:TQNT) weekly performance is -2.26%. On last trading day company shares ended up $12.97. TriQuint Semiconductor (NASDAQ:TQNT) distance from 50-day simple moving average (SMA50) is 23.84%. Analysts mean target price for the company is $12.24.
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