Micron Technology, Inc. (NASDAQ:MU) announced a new enterprise-class solid state drive (SSD) designed specifically for data center storage platforms. Enterprise applications are experiencing tremendous new demands for greater data throughput due to rapid growth in mobile applications, cloud services and connected devices. Micron’s new M500DC SATA SSD addresses this growing need by providing the performance and data protection features of an enterprise-class drive at a great value. Micron Technology, Inc. (NASDAQ:MU) shares after opening at $25.60 moved to $25.68 on last trade day and at the end of the day closed at $25.26. Company price to sales ratio in past twelve months was calculated as 2.03 and price to cash ratio as 6.00. Micron Technology, Inc. (NASDAQ:MU) showed a positive weekly performance of 5.65%.
Advanced Micro Devices, Inc (NYSE:AMD) announced that Senior Vice President and General Manager, Global Business Units, Lisa Su will present at the J.P. Morgan Global Technology, Media and Telecom Conference at 9:20 a.m. EDT on Tuesday, May 20, 2014 in Boston. Advanced Micro Devices, Inc. (NYSE:AMD) shares fell -5.37% in last trading session and ended the day on $4.05. Advanced Micro Devices, Inc. (NYSE:AMD) return on equity ratio is recorded as -18.90% and its return on assets is -2.00%. Advanced Micro Devices, Inc. (NYSE:AMD) yearly performance is 51.12%.
Intel Corporation (NASDAQ:INTC) calls and puts traded near parity yesterday, with a respective 19,000 and 18,000 contracts on the tape by the close. The microchip maker’s July 26 put was far and away the most active, accounting for more than one-quarter of the stock’s total options volume, with 10,108 contracts traded. Intel Corporation (NASDAQ:INTC) shares moved down -1.83% in last trading session and was closed at $26.26 while trading in range of $26.18 – $26.72 year to date (YTD) performance is 2.14%.
Shares of Broadcom Corporation (NASDAQ:BRCM) saw unusually-strong trading volume on Friday following a stronger than expected earnings report, Analyst Ratings Network reports. Approximately 10,504,394 shares changed hands during mid-day trading, an increase of 55% from the previous session’s volume of 6,787,538 shares. Broadcom Corporation (NASDAQ:BRCM) weekly performance is -1.13%. On last trading day company shares ended up $29.76. Broadcom Corporation (NASDAQ:BRCM) distance from 50-day simple moving average (SMA50) is -2.81%. Analysts mean target price for the company is $32.23.
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