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) shares advanced 1.99% in last trading session and ended the day on $4.11. AMD Gross Margin is 36.00% and its return on assets is 1.00%. Advanced Micro Devices, Inc. (NYSE:AMD)quarterly performance is 5.93%.
NVIDIA Corporation (NASDAQ:NVDA) Tegra K1 was announced back at CES 2014 and at the Google I/O keynote, the reference devices used to showcase the new features in the Android ecosystem were using Tegra K1 as chipsets. NVIDIA Corporation (NASDAQ:NVDA) shares moved up 0.11% in last trading session and was closed at $18.38, while trading in range of $18.23 – 18.49. NVIDIA Corporation (NASDAQ:NVDA)year to date (YTD) performance is 15.82%.
On June Leading semiconductor manufacturer ANADIGICS, Inc. (NASDAQ:ANAD) recently announced its plans to initiate corporate restructuring activities to reduce operating costs and better align its resources in accordance with the evolving demands of the business. The strategic move is also intended to focus more on its infrastructure markets and lesser on the legacy mobile business. ANADIGICS, Inc. (NASDAQ:ANAD) ended the last trading day at $0.852. Company weekly volatility is calculated as 9.22% and price to cash ratio as 5.17. ANADIGICS, Inc. (NASDAQ:ANAD)showed a negative weekly performance of -27.80%.
On May 28, MoSys Inc. (NASDAQ:MOSY), is presenting at The Linley Group’s Linley Tech Carrier Conference 2014. In his presentation, “100G+ Adaptive PHY Technology for Scalable Reach and Design Flexibility,” MoSys’ VP of marketing and sales, John Monson, will discuss the need for high-density connections at the faceplate and flexibility of device placement in order to enable next-generation platforms and high-density line cards to extend into the Terabit per second range, low power, high-speed 25G+ PHYs. In order to meet network equipment OEM requirements, 25G+ CDR and PHY devices must support a wide variety of rates and configurations, flexible distances and broad electrical standards, and improve ease-of-use. MoSys will introduce its latest LineSpeed™ PHY technology and describe application trends, timelines and trade-offs for future platforms. MoSys Inc. (NASDAQ:MOSY) shares moved up 5.02% in last trading session and was closed at $3.15, while trading in range of $2.93 – $3.17. MoSys Inc. (NASDAQ:MOSY) year to date (YTD) performance is -43.12%.
On June 12, Vitesse Semiconductor (NASDAQ:VTSS) announced the pricing of an underwritten public offering of 7,462,675 shares of its common stock at a price to the public of $3.35 per share. After deducting the underwriting discount and estimated offering expenses payable by the Company, the Company expects to receive net proceeds of approximately $23.2 million, assuming no exercise of the over-allotment option. The Company has also granted to the underwriters a 30-day option to purchase, at the same price per share as the underwriters paid for the initial shares, an additional 1,119,401 shares to cover over-allotments in connection with the offering. Vitesse Semiconductor (NASDAQ:VTSS) net profit margin is -22.10% and weekly performance is -6.59%. On last trading day company shares ended up $3.26. Analysts mean target price for the company is $4.58. Vitesse Semiconductor (NASDAQ:VTSS)distance from 50-day simple moving average (SMA50) is -9.41%.