Chip Stocks In News: Advanced Micro Devices (NYSE:AMD), NVIDIA Corporation (NASDAQ:NVDA), ARM Holdings (NASDAQ:ARMH), Intel Corporation (NASDAQ:INTC)



Advanced Micro Devices, Inc. (NYSE:AMD) on Tuesday introduced its new offering for the sub-$300 market segment of discrete graphics cards, the Radeon R9 280. The novelty is not really something new as it is based on two years old code-named Tahiti graphics processing unit and resembles the Radeon HD 7950. Nonetheless, it will likely have better prospects on the market with a new price. Advanced Micro Devices, Inc. (NYSE:AMD) stock performance was 0.27% in last session and finished the day at $3.71. Traded volume was 10,736,649 million shares in the last session and the average volume of the stock remained 22.70 million shares. The beta of the stock remained 2.71. Advanced Micro Devices, Inc. (NYSE:AMD) insider ownership is 0.20%.

NVIDIA Corporation (NASDAQ:NVDA) CAO David M. Shannon sold 62,714 shares of NVIDIA stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $18.08, for a total transaction of $1,133,869.12. NVIDIA Corporation (NASDAQ:NVDA) rose 0.87 percent to $18.64 yesterday on volume of 6.04 million shares. The intra-day range of the stock was $18.38 to $18.65. NVIDIA Corporation (NASDAQ:NVDA) has a market capitalization of $10.60 million.

ARM Holdings plc (ADR) (NASDAQ:ARMH)’s stock had its “outperform” rating restated by equities research analysts at Credit Suisse in a research note issued to investors on Monday, AnalystRatings.NET reports. ARM Holdings plc (ADR) (NASDAQ:ARMH)’s stock on Mar 5, 2014 reported an increase of 0.04 % to the closing price of $50.75. Its fifty two weeks range is $34.75 -$55.26. The total market capitalization recorded $23.67 billion. The overall volume in the last trading session was 698,523 million shares. In its share capital, ARM Holdings plc (ADR) (NASDAQ:ARMH) has 466.17 million outstanding shares.

Topeka Capital Markets analyst Suji De Silva maintains a Buy rating for Intel Corporation (NASDAQ:INTC) as he looks at reports that Intel may have snapped up a key company. On Wednesday, shares of Intel Corporation (NASDAQ:INTC) dropped -0.45% to close the day at $24.50. Company return on investment (ROI) is 12.80% and its monthly performance is recorded as 3.29%. Intel Corporation (NASDAQ:INTC) quarterly revenue growth is 4.34%.

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