Chip Stocks In News: Advanced Micro Devices (NYSE:AMD), Intel Corporation (NASDAQ:INTC), QUALCOMM (NASDAQ:QCOM), NVIDIA Corporation (NASDAQ:NVDA)

Technology Stocks News 17

Ascendiant Capital Markets initiated coverage on shares of Advanced Micro Devices (NYSE:AMD) in a research report sent to investors on Tuesday morning, TheFlyOnTheWall.com reports. The firm issued a buy rating and a $5.00 price target on the stock. Advanced Micro Devices, Inc. (NYSE:AMD) stock performance was 1.56% in last session and finished the day at $3.91. Traded volume was 14,683,889 million shares in the last session and the average volume of the stock remained 23.87 million shares. The beta of the stock remained 2.57. Advanced Micro Devices, Inc. (NYSE:AMD) insider ownership is 0.20%.

Ascendiant Capital Markets began coverage on shares of Intel Corporation (NASDAQ:INTC) in a report released on Tuesday,TheFlyOnTheWall.com reports. The firm issued a sell rating and a $20.00 price objective on the stock. Intel Corporation (NASDAQ:INTC) rose 0.12 percent to $24.76 yesterday on volume of 21.26 million shares. The intra-day range of the stock was $24.61 to $24.88. Intel Corporation (NASDAQ:INTC) has a market capitalization of $123.11 million.

Goldman Sachs hoisted their price target on shares of QUALCOMM Inc (NASDAQ:QCOM) from $82.00 to $90.00 in a research note issued on Wednesday, Analyst Ratings Network.com reports. The firm currently has a “buy” rating on the stock. QUALCOMM, Inc. (NASDAQ:QCOM)’s stock on Mar 12, 2014 reported a increase of 0.34% to the closing price of $76.97. Its fifty two weeks range is $59.02 -$77.20. The total market capitalization recorded $130.16 billion. The overall volume in the last trading session was 6,893,200 million shares. In its share capital, QUALCOMM, Inc. (NASDAQ:QCOM) has 1.69 billion outstanding shares.

Nvidia Corporation (NASDAQ:NVDA)’s new 800M notebook GPU line mostly leverages the company’s new Maxwell architecture on the low-end, and its older Kepler architecture on the high-end. The top-of-the-line GTX 880M (competes against AMD’s R9 M290X) features 1536 cores, a 954MHz. GPU clock, and a 256-bit GDDR5 graphics RAM interface. On Wednesday, shares of NVIDIA Corporation (NASDAQ:NVDA) advanced 0.27% to close the day at $18.32. Company return on investment (ROI) is 7.30% and its monthly performance is recorded as 15.58%. NVIDIA Corporation (NASDAQ:NVDA) quarterly revenue growth is 21.00%

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