A new production facility in Mesa, Arizona, is slated to produce a “critical subcomponent” for Apple (AAPL), AppleInsider notes. The factory is part of a joint venture between the iPhone-maker and GT Advanced Technologies Inc (NASDAQ:GTAT) to develop sapphire components. Documents filed with the U.S. Foreign Trade Zone Board indicate that Apple and GT Advanced Technologies Inc (NASDAQ:GTAT) are moving to open the plant by the end of next month. GT Advanced Technologies Inc (NASDAQ:GTAT) stock opened at $10.00 in last session, and closed at $10.74, while the day range of GTAT stock is $9.90 – $10.76. The stock showed a positive weekly performance of 4.58%.
Lattice Semiconductor Corp. (NASDAQ:LSCC) announced its earnings results on Thursday. The company reported $0.06 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.02. Lattice Semiconductor Corp. (NASDAQ:LSCC) stock opened at $6.45, in last session and closed at $6.81, by gaining 14.65%. The 52 week range of LSCC is $4.17 – $6.81. Company’s market capitalization is $792.30million.
Microchip Technology Inc. (NASDAQ:MCHP) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Tuesday. Microchip Technology Inc. (NASDAQ:MCHP) stock advanced 1.67% and finished the last session at $44.44. The EPS of the stock remained -1.60. Company’s market capitalization is $8.82billion.
Altera Corp. (NASDAQ:ALTR) has received two DesignVision Awards at DesignCon 2014 for its innovations in FPGA and SoC technology. Altera Corporation (NASDAQ:ALTR) stock opened the session at $33.25, and closed the session at $33.69. The 52 week range of the ALTR stock remained $30.62 – $39.18 and the day range was $33.01 – $33.71.