On Jun 25, 2014, Advanced Micro Devices, Inc. (NYSE:AMD) is pleased to announce that Electronic Arts (EA) will support Mantle, AMD’s groundbreaking graphics API, in three new games: Battlefield Hardline™, Dragon Age: Inquisition™, and Plants vs. Zombies: Garden Warfare™. These join an extensive catalogue of more than 40 games that now support AMD’s revolutionary graphics API. All three of these games are powered by DICE’s cutting-edge engine, Frostbite 3. Advanced Micro Devices, Inc. (NYSE:AMD) net profit margin is 0.80% and weekly performance is 7.11%. On last trading day company shares ended up $4.22. Analysts mean target price for the company is $4.20. Advanced Micro Devices, Inc. (NYSE:AMD) distance from 50-day simple moving average (SMA50) is 3.03%.
Shares of NVIDIA (NASDAQ:NVDA) were the recipient of a significant drop in short interest in the month of June. As of June 13th, there was short interest totalling 50,079,140 shares, a drop of 2.2% from the May 30th total of 51,199,157 shares, American Banking News reports. Approximately 9.5% of the shares of the company are short sold. Based on an average daily volume of 5,579,985 shares, the days-to-cover ratio is currently 9.0 days. NVIDIA Corporation (NASDAQ:NVDA) shares advanced 1.13% in last trading session and ended the day on $18.75. NVDA Gross Margin is 55.00% and its return on assets is 7.90%. NVIDIA Corporation (NASDAQ:NVDA) quarterly performance is 1.02%.
Credit Suisse restated their outperform rating on shares of ARM Holdings plc (ADR) (NASDAQ:ARMH) in a report issued on Tuesday. They currently have a GBX 1,200 ($20.42) target price on the stock. ARM Holdings plc (ADR) (NASDAQ:ARMH) shares moved up 1.72% in last trading session and was closed at $46.02, while trading in range of $45.73 – $46.21. ARM Holdings plc (ADR) (NASDAQ:ARMH)year to date (YTD) performance is -15.61%.
Microsoft Corp has joined QUALCOMM, Inc. (NASDAQ:QCOM) and other technology companies in a bid to establish standard ways for household devices like light bulbs and thermostats to talk to each other. QUALCOMM, Inc. (NASDAQ:QCOM) ended the last trading day at $79.73. Company weekly volatility is calculated as 1.07% and price to cash ratio as 8.09. QUALCOMM, Inc. (NASDAQ:QCOM) showed a positive weekly performance of 1.21%.