Tag: QUALCOMM Inc

  • Trader’s Alert: Advanced Micro Devices (NYSE:AMD), Intel Corporation (NASDAQ:INTC), NVIDIA Corporation (NASDAQ:NVDA), QUALCOMM, Inc. (NASDAQ:QCOM)

    Advanced Micro Devices, Inc. (NYSE:AMD) stock has an average recommendation of Hold with an average target price of $3.96. Advanced Micro Devices, Inc. (NYSE:AMD) stock opened at $3.71 in last trading session, and closed at $3.69, trading in the range of $3.66 – $3.75. The stock showed a negative weekly performance of -0.27%.

    Intel Corporation (NASDAQ:INTC) stock had its “neutral” rating reaffirmed by Zacks in a research report issued on Thursday, Analyst Ratings Network.com reports. They currently have a $26.00 price objective on the stock. Zacks price objective points to a potential upside of 6.12% from the company’s current price. Intel Corporation (NASDAQ:INTC) shares closed at $24.42 on last trade day, by losing -1.29%. Stock 52 week range is $20.10 – $27.12. Company’s market capitalization is $503.93 billion.

    Along with releasing a trifecta of new graphics cards that target the mid-range, low-end and high-end markets, Nvidia has also released a new version of its GeForce graphics drivers. Nvidia’s latest driver release brings the version number of their GeForce drivers to 334.89. NVIDIA Corporation (NASDAQ:NVDA) stock opened at $18.75 in last trading session and closed at $18.64. The 52 week range of the stock is $12.04 – $18.99 and the day range was $18.52 – $18.99.

    QUALCOMM, Inc. (NASDAQ:QCOM) is facing an anti-monopoly probe in China amid allegations that it has been abusing its dominant market position to charge discriminatory fees. The National Development and Reform Commission made its first public comments about the Qualcomm QCOM -0.43% investigation on February 19, saying that it is looking into complaints that the company is charging a higher royalty rate in China than in other countries. Earlier this month, the China Mobile CHL +0.69% Communications Industry Association said that it had filed a similar complaint against Qualcomm. The allegations come as China prepares for a big push into 4G in the coming months, after the government handed out TD-LTE licenses in December. The country is seeing strong adoption of 3G data services and the LTE rollout is expected to provide the local smartphone industry with a significant boost. As 4G LTE adoption ramps, the Chinese government seems intent on obtaining lower royalty rates to keep costs low and protect the interests of local players. QUALCOMM, Inc. (NASDAQ:QCOM) stock decreased -0.45% and finished the last session at $75.61. The EPS of the stock remained 3.66. Company’s market capitalization is $127.86 billion.