The first version of the console, unveiled at CES, used Nvidia Corporation (NASDAQ:NVDA) Tegra 4 processor but representatives from Huawei confirmed plans to move to the new K1 processor. Change could take place even before the launch in China, where the console might have a starting price of about $200. NVIDIA Corporation (NASDAQ:NVDA) stock opened at $15.44 in last session, and closed at $15.84, while the day range of stock is $15.37 – $15.87. The stock showed a negative weekly performance of -1.86%.
ARM Holdings plc (ADR) (NASDAQ:ARMH) and UMC, a leading global semiconductor foundry, announced an agreement to offer the ARM Artisan physical IP platform along with POP IP for UMC’s 28nm high-performance low-power (HLP) process technology. ARM Holdings plc (ADR) (NASDAQ:ARMH) stock opened at $48.58, in last session and closed at $49.37, by gaining 3.76%. The 52 week range of the stock is $34.75 – $55.26. Company’s market capitalization is $23.03 billion.
Qualcomm Inc. (NASDAQ:QCOM) will have 20nm chips in 2014. Qualcomm is putting a lot of effort into making a more energy efficient modem. QUALCOMM, Inc. (NASDAQ:QCOM) stock advanced 0.23% and finished the last session at $73.39. The EPS of the stock remained 3.91. Company’s market capitalization is $123.99 billion.
Alcatel Lucent SA (ADR) (NYSE:ALU) is considering selling off its enterprise business which is concerned with selling telecommunications equipment and services to businesses. Alcatel Lucent SA (ADR) (NYSE:ALU) stock opened the session at $4.41, and closed the session at $4.36. The 52 week range of the stock remained $1.27 – $4.68 and the day range was $4.31 – $4.41.