ON Semiconductor Corp (NASDAQ:ONNN) reported its first quarter FY2014 results and earnings beat the estimates. During 1Q2014, ON Semiconductor posted earnings of$0.17. Company posted revenues of $706.5 million. This figure was 0.4% down sequentially. However, it was 6.9% compared to the last year same quarter. The revenue was lower than the Zacks Consensus Estimate, which estimated it at $712.0 million. The revenue was also at the lower end of its spec expected range, which was $695.0–$725.0 million. ON Semiconductor Corp (NASDAQ:ONNN) net profit margin is 6.60% and weekly performance is -3.33%. On last trading day company shares ended up $8.42. Analysts mean target price for the company is $10.98. ON Semiconductor Corp (NASDAQ:ONNN) distance from 50-day simple moving average (SMA50) is -9.47%.
Perhaps, the first-generation SATA Express (SATAe) implementation that relies on the PCI Express 2.0 technology is not truly revolutionary and does not bring a dramatic performance boost compared to Serial ATA-6Gb/s. Nonetheless, SATAe is a part of the future, which is why companies like Advanced Micro Devices, Inc. (NYSE:AMD) need to support it in their upcoming platforms. According to a report, Advanced Micro Devices, Inc. (NYSE:AMD) has already licensed SATAe-related intellectual property (IP). Advanced Micro Devices, Inc. (NYSE:AMD) shares fell -0.98% in last trading session and ended the day on $4.05. AMD Gross Margin is 36.00% and its return on assets is 1.00%. Advanced Micro Devices, Inc. (NYSE:AMD) quarterly performance is 8.87%.
Chip giant, Intel Corporation (NASDAQ:INTC) has launched a campaign to encourage consumers to refresh their personal computing (PC) devices. The campaign is expected to generate a sale of more than 70,000 devices, a figure achieved in last year’s campaign, said Intel Malaysia and Singapore Country Sales and Marketing Manager Prakash Mallya. Intel Corporation (NASDAQ:INTC) shares was closed at $26.04, while trading in range of $25.88 – $26.17. Intel Corporation (NASDAQ:INTC) year to date (YTD) performance is 2.12%.
NeoPhotonics Corp. (NYSE:NPTN) ended 2013 with an annual net loss of $34.3 million, an increase from the $17.5 million annual net loss it reported for 2012. The company’s fourth-quarter net loss was $4.5 million, a decrease from a net loss of $9.4 million in the third quarter of 2013 and up from a net loss of $3 million in the fourth quarter of 2012. Revenue for the year was $282.2 million, an increase of $36.8 million, or 15 percent, from $245.4 million in 2012. Fourth-quarter 2013 revenue was down 20 percent, to $74.4 million, compared to the same period in 2012. NeoPhotonics Corp (NYSE:NPTN) ended the last trading day at $4.21. Company weekly volatility is calculated as 7.45% and price to cash ratio as 1.89. NeoPhotonics Corp (NYSE:NPTN) showed a negative weekly performance of -14.60%.