On May 30, Applied Micro Circuits Corp. (NASDAQ:AMCC) and Canonical, Ubuntu Linux’s parent company, will seek to show that is real technology not vaporware at a pre-Computex demo in Taiwan. Applied Micro Circuits Corporation (NASDAQ:AMCC) net profit margin is -2.60% and weekly performance is 4.52%. On last trading day company shares ended up $9.24. Analysts mean target price for the company is $13.00. Applied Micro Circuits Corporation (NASDAQ:AMCC) distance from 50-day simple moving average (SMA50) is -2.68%.
Microchip Technology Inc. (NASDAQ:MCHP) made a move to make its first major overseas acquisition with a $328.5 million deal to acquire Taiwanese fabless chip company ISSC Technologies Corp., which sells Bluetooth chips aimed at the growing IoT sector. Microchip Technology Inc. (NASDAQ:MCHP) shares advanced 0.08% in last trading session and ended the day on $47.26. MCHP gross Margin is 58.50% and its return on assets is 9.90%.Microchip Technology Inc. (NASDAQ:MCHP) quarterly performance is 4.60%.
Cavium Inc. (NASDAQ:CAVM) CFO Arthur D. Chadwick sold 30,000 shares of the company’s stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $46.09, for a total transaction of $1,382,700.00. Cavium Inc. (NASDAQ:CAVM) shares moved down -0.36% in last trading session and was closed at $49.20, while trading in range of $48.35 – $49.94. Cavium Inc. (NASDAQ:CAVM) year to date (YTD) performance is 42.57%.
Broadcom Corporation (NASDAQ:BRCM) aims to make wireless-smartphone charging much easier and more reliable. Broadcom Corporation (NASDAQ:BRCM) ended the last trading day at $31.40. Company weekly volatility is calculated as 1.70% and price to cash ratio as 6.26.Broadcom Corporation (NASDAQ:BRCM) showed a positive weekly performance of 3.63%.
Lenovo Group Limited (ADR) (OTCMKTS:LNVGY) the world’s biggest maker of personal computers, gained for a seventh day as Chinese technology shares advanced amid speculation local companies will benefit from a government dispute with the U.S. over cyber-spying. On last trading day company shares ended up $25.32.