Intel Corporation (NASDAQ:INTC) announced that the EU court has decided to uphold their $1.4 billion fine issued against the company. Intel was using incentives to PC manufacturers to choose their chips over their competitor, Advanced Micro Devices. Intel is allowed to appeal the decision to the EU’s Court of Justice. Intel Corporation (NASDAQ:INTC) net profit margin is 18.00% and weekly performance is 6.03%. On last trading day company shares ended up $29.87. Analysts mean target price for the company is $26.92. Intel Corporation (NASDAQ:INTC) distance from 50-day simple moving average (SMA50) is 12.21%.
Applied Micro Circuits Corporation (NASDAQ:AMCC) announced on 11 June that they had developed X-Gene server chips, based on the 64 Bit ARM single chip solution. This creation was necessitated by the need to control the consumption of power in the data centers and cloud computing industries. Applied Micro Circuits Corporation (NASDAQ:AMCC) shares advanced 2.39% in last trading session and ended the day on $11.12. AMCC gross Margin is 60.60% and its return on assets is -2.90%.Applied Micro Circuits Corporation (NASDAQ:AMCC) quarterly performance is 9.45%.
Broadcom Corporation (NASDAQ:BRCM) CFO Eric Brandt sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $37.92, for a total value of $758,400.00. Following the transaction, the chief financial officer now directly owns 554,607 shares in the company, valued at approximately $21,030,697. Broadcom Corporation (NASDAQ:BRCM) shares moved up 0.24% in last trading session and was closed at $38.35, while trading in range of $38.08 – $38.45. Broadcom Corporation (NASDAQ:BRCM) year to date (YTD) performance is 30.35%.
Semtech Corporation (NASDAQ:SMTC) CFO Emeka Chukwu unloaded 2,500 shares of Semtech Corp. stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $28.00, for a total value of $70,000.00. Following the completion of the transaction, the chief financial officer now directly owns 49,807 shares in the company, valued at approximately $1,394,596. Semtech Corporation (NASDAQ:SMTC) ended the last trading day at $27.61. Company weekly volatility is calculated as 1.81% and price to cash ratio as 7.63.Semtech Corporation (NASDAQ:SMTC) showed a positive weekly performance of 1.28%.
TranSwitch Corp (OTCMKTS:TXCCQ) shares moved up 40.00% in last trading session and was closed at $0.0077, while trading in range of $0.00 – $0.01.