Semiconductor Broadline Most Active: Intel Corporation (NASDAQ:INTC), Advanced Micro Devices (NYSE:AMD), ON Semiconductor (NASDAQ:ONNN), Texas Instruments Incorporated (NASDAQ:TXN)

Posted by on Apr 11, 2014

On April 10, 2014, Intel Corporation (NASDAQ:INTC), announced the eight winners of the company’s most prestigious award for suppliers, the Supplier Continuous Quality Improvement (SCQI) award. These companies set themselves apart from the thousands of suppliers that work with Intel by demonstrating industry-leading commitment across all critical focus areas on which they are measured: quality, cost, availability, technology, customer service, labor and ethics systems, and environmental sustainability. Intel Corporation (NASDAQ:INTC), shares after opening at $27.01 moved to $27.09 on last trade day and at the end of the day closed at $26.42. Company price to sales ratio in past twelve months was calculated as 2.49 and price to cash ratio as 6.54. Intel Corporation (NASDAQ:INTC), showed a positive weekly performance of 0.08%.

Advanced Micro Devices, Inc. (NYSE:AMD), has witnessed 11% drop in the shares after a weak revenue forecast. It fell down in the early trading after a forecast of steeper than what-was-expected in the quarterly revenue. The overall decline in the shares has prompted at least two brokerages cutting their price targets. Weak sales of PC, high competition from Intel and the net decrease in the revenue collected from the gaming consoles are some of the reasons believed to have caused the weak forecast. Advanced Micro Devices, Inc. (NYSE:AMD), shares fell 3.27% in last trading session and ended the day on $3.85. Advanced Micro Devices, Inc. (NYSE:AMD), return on equity ratio is recorded as -18.90% and its return on assets is -2.00%. Advanced Micro Devices, Inc. (NYSE:AMD), yearly performance is 52.78%.

ON Semiconductor Corp (NASDAQ:ONNN) was upgraded by research analysts at MKM Partners from a “neutral” rating to a “buy” rating in a report released on Tuesday,TheFlyOnTheWall.com reports. The firm currently has a $13.00 price target on the stock, up from their previous price target of $9.75. MKM Partners’ price objective suggests a potential upside of 30.00% from the stock’s previous close. The analysts noted that the move was a valuation call. ON Semiconductor Corp (NASDAQ:ONNN), shares moved down 3.10% in last trading session and was closed at $9.69, while trading in range of $ 9.68 – 10.07. ON Semiconductor Corp (NASDAQ:ONNN), year to date (YTD) performance is 17.60%.

Texas Instruments Incorporated (TI) (NASDAQ: TXN) will hold its annual meeting of stockholders on Thursday, April 17, at 10 a.m. Central time in Dallas. The audio webcast of the meeting can be heard live through the Investor Relations section of the company’s website at www.ti.com/ir. An archived copy of the webcast will be available shortly after the end of the meeting. Texas Instruments Incorporated (NASDAQ:TXN), weekly performance is -4.53%. On last trading day company shares ended up $45.53. Texas Instruments Incorporated (NASDAQ:TXN), distance from 50-day simple moving average (SMA50) is 1.49%. Analysts mean target Price for the company is $44.10.

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