Advanced Micro Devices, Inc. (NYSE:AMD) announced that its SeaMicro SM15000™ server set a significant industry benchmark record for hyperscale cloud computing with a demonstration that highlights how OpenStack can quickly and reliably provision on-demand computing services at scale. The test provisioned 168,000 virtual machines on 576 physical hosts. Advanced Micro Devices, Inc. (NYSE:AMD) net profit margin is 0.80% and weekly performance is 0.25%. On last trading day company shares ended up $3.98. Analysts mean target price for the company is $4.12. Advanced Micro Devices, Inc. (NYSE:AMD) distance from 50-day simple moving average (SMA50) is 0.61%.
Investment analysts at Evercore Partners initiated coverage on shares of ON Semiconductor Corp (NASDAQ:ONNN) in a note issued to investors on Wednesday, TheFlyOnTheWall.com reports. The firm set an “underweight” rating and a $8.00 price target on the stock. Evercore Partners’ target price indicates a potential downside of 8.15% from the company’s current price. ON Semiconductor Corp (NASDAQ:ONNN) shares fell -1.95% in last trading session and ended the day on $8.54. ONNN Gross Margin is 34.80% and its return on assets is 5.70 %. ON Semiconductor Corp (NASDAQ:ONNN) quarterly performance is -4.47%.
NXP Semiconductors N.V. (NASDAQ:NXPI) announced the pricing of the previously announced secondary offering of 17,376,611 shares of its common stock to be sold by certain of its principal stockholders, including affiliates of funds managed or advised by Kohlberg Kravis Roberts & Co. L.P. and Bain Capital Partners, LLC, pursuant to NXP’s shelf registration statement on Form F-3, at a price to the public of $60.35 per share. NXP Semiconductors NV (NASDAQ:NXPI) shares moved down -1.93% in last trading session and was closed at $59.54, while trading in range of $59.50 – $60.52. NXP Semiconductors NV (NASDAQ:NXPI) year to date (YTD) performance is 29.63%.
Atmel Corporation (NASDAQ:ATML) Coming off a positive earnings surprise in the April 30 first-quarter release, ATML appears poised for fundamental improvement with revenue of $337.4 million, which was 2% higher year over year and beating consensus estimates by north of 3%. In the prior year quarter, Atmel reported revenue of $329 million. The increase in revenues was driven by improved performance in microcontroller business and new product introductions, including SmartConnect, which integrates Atmel’s ultra-low power microcontrollers and wireless connectivity solutions. Atmel Corporation (NASDAQ:ATML) ended the last trading day at $7.90. Company weekly volatility is calculated as 2.75% and price to cash ratio as 13.01. Atmel Corporation (NASDAQ:ATML) showed a positive weekly performance of 0.51%.