Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) may stand to hurt if it gets more chip orders from Apple Inc. (NASDAQ:AAPL) as Samsung will then reverse its chip consumption ration, ultimately a disadvantage for the company. Analysts note that in case Apple shifts its orders to TSM, which is a more likely event down the line, then Samsung could lower its chip buying ratio from 83% to 17%, which can be a threat to revenue to the company. Keeping these factors in mind, Bernstein Research analyst Mark Li has kept ‘Marketperform’ rating on the company, at this point of time. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) shares after opening at $20.30 moved to $20.35 on last trade day and at the end of the day closed at $20.04. Company price to sales ratio in past twelve months was calculated as 5.20 and price to cash ratio as 12.69. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) showed a positive weekly performance of 4.98%.
RF Micro Devices, Inc. (NASDAQ:RFMD) announced signing of USD 9.7 million agreement with the Airforce Research laboratory for transfer and production of 0.14 micron Monolithic Microwave Integrated Circuit using Gallium Nitrate (GaN).GaN technology supports a wide range of frequencies with high voltage management capacity over a relatively smaller footprint. A 6-inch GaN wafer offers 2.5-times more useable area over the currently available 4-inch platforms. Millimeter wave GaN enables are seen as the best combination of key performance parameters such as power gain, bandwidth and efficiency for applications in the range of DC to over 100GHz. RF Micro Devices, Inc. (NASDAQ:RFMD) shares advanced 0.50% in last trading session and ended the day on $8.07. RFMD return on equity ratio is recorded as -0.40% and its return on assets is -0.20%. RF Micro Devices, Inc. (NASDAQ:RFMD) yearly performance is 57.31%.
Sunedison Inc (NYSE:SUNE), which is among the leading solar energy solutions as well as services provider made a press release yesterday, wherein it announced the company’s role along with sale of a projects portfolio to its spin-off YieldCo, a freshly formed and wholly-owned yieldco vehicle of the company. Sunedison Inc (NYSE:SUNE) shares moved up 0.61% in last trading session and was closed at $19.84, while trading in range of $19.48-$20.20. Sunedison Inc (NYSE:SUNE) year to date performance is 386.27%.
Equities researchers at Piper Jaffray assumed coverage on shares of Broadcom Corp. (NASDAQ:BRCM) in a research report issued on Wednesday, American Banking & Market News reports. The firm set a “neutral” rating on the stock. Broadcom Corporation (NASDAQ:BRCM) weekly performance is -1.48%. On last trading day company shares ended up $31.23. Broadcom Corporation (NASDAQ:BRCM) distance from 50-day simple moving average is 2.97%. Analysts mean target price for the company is $32.34.
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