Intel Corporation (NASDAQ:INTC) mthe United States-based semiconductor producer, officially submitted plans on Sunday to invest 20 billion shekels ($5.8 million) in expanding its production facilities in the southern Israeli town of Kiryat Gat. Officials from Intel and the government met on Sunday at the Economy Ministry’s Investment Center offices, where the formal submission of Intel’s request for the government grant was made. Investment Center Director Nahum Itzkovich said the center would make efforts to expedite the plans, in an effort to boost job opportunities in the south. Intel Corporation (NASDAQ:INTC) shares after opening at $26.60 moved to $26.64 on last trade day and at the end of the day closed at $ 26.41 . Company price to sales ratio in past twelve months was calculated as 2.49 and price to cash ratio as 6.90. Intel Corporation (NASDAQ:INTC) showed a positive weekly performance of 0.57%.
ON Semiconductor Corporation (ONNN), driving energy efficient innovation, announced that total revenues in the first quarter of 2014 were $706.5 million, down approximately 1.6 percent compared to the fourth quarter of 2013. During the first quarter of 2014, the company reported GAAP net income of $58.4 million, or $0.13 per diluted share. The first quarter 2014 GAAP net income was impacted by approximately $16.8 million of special items. The complete special items detail can be found in the attached schedules. ON Semiconductor Corp (NASDAQ:ONNN) shares fell -5.33% in last trading session and ended the day on $8.88. ONNN return on equity ratio is recorded as 10.50% and its return on assets is 4.60%. ON Semiconductor Corp (NASDAQ:ONNN) yearly performance is 12.26%.
Advanced Micro Devices, Inc. (NYSE:AMD) said that its SeaMicro SM15000™ server received a 2014 Silver Award from the internationally renowned Edison Awards™ in the Applied Technology, Research and Business Optimization category. Competing finalists in the category included AT&T Nanocubes by AT&T Inc. and Archetype IQ System by Ipsos InnoQuest. The distinguished awards — inspired by Thomas Edison’s persistence and inventiveness — recognize innovation, creativity and ingenuity in the global economy. Advanced Micro Devices, Inc. (NYSE:AMD) shares moved down -1.90% in last trading session and was closed at $4.12 while trading in range of $4.10 – $4.20 – Advanced Micro Devices, Inc. (NYSE:AMD) year to date (YTD) performance is 6.46%.
Texas Instruments Incorporated (NASDAQ:TXN) introduced six, AEC-Q100-qualified gate drivers with industry’s fastest propagation delays of less than 15 nanoseconds. The UCC275xx-Q1 family of single- and dual-channel gate drivers provides the highest power efficiency, reliability and flexibility compared to existing solutions for automotive applications, such as powertrain, bi-directional converters (12- to 48-V and 12- to 400-V input), onboard charging, traction inverters, advanced driver assistance systems (ADAS), safety, headlamps and instrumentation clusters. Texas Instruments Incorporated (NASDAQ:TXN) weekly performance is -0.56%. On last trading day company shares ended up $45.78. Texas Instruments Incorporated (NASDAQ:TXN) distance from 50-day simple moving average (SMA50) is 0.40%. Analysts mean target price for the company is $48.52.
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