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

Technology Stocks News 1

Intel Corporation (NASDAQ:INTC) is struggling to gain traction in the tablet market as PC sales are falling. Intel Corporation (NASDAQ:INTC) stock performance was -0.44% in last session and finished the day at $24.73. Traded volume was 26.70 million shares in the last session and the average volume of the stock remained 26.68 million shares. The beta of the stock remained 1.02. Intel Corporation (NASDAQ:INTC) insider ownership is 0.07%.

Shares of Advanced Micro Devices Inc. (NYSE: AMD) were moving higher Tuesday after Ascendiant Capital started coverage of the stock with a Buy rating. Advanced Micro Devices, Inc. (NYSE:AMD) rose 1.05% to $3.85 yesterday on volume of 34.99 million shares. The intra-day range of the stock was $3.83 – $4.01. Advanced Micro Devices, Inc. (NYSE:AMD) has a market capitalization of 2.91 billion.

Calls once again took the lead in NVIDIA Corporation’s (NASDAQ:NVDA) options pits yesterday. By the time the dust settled, about 26,000 calls had crossed the tape — a 43% mark-up to the average daily volume, and nearly 16 times the number of puts that traded. The most active strike was the May 19 call, as traders bet on a push into multi-year-high territory. NVIDIA Corporation (NASDAQ:NVDA)’s stock on March 11, 2014 reported a higher of 1.00% to the closing price of $18.27. Its fifty two weeks range is $12.04 – $19.05. The total market capitalization recorded 10.39 billion. The overall volume in the last trading session was 7.43 million shares. In its share capital, NVIDIA Corporation (NASDAQ:NVDA) has 568.48 million outstanding shares.

QUALCOMM (NASDAQ:QCOM) stock had its “buy” rating reiterated by research analysts at Sterne Agee in a report released on Thursday, Stock Ratings Network.com reports. They currently have a $76.67 target price on the stock, down from their previous target price of $82.00. Sterne Agee’s target price suggests a potential downside of 0.16% from the stock’s previous close. On Tuesday, shares of QUALCOMM, Inc. (NASDAQ:QCOM) dropped -0.47% to close the day at $76.71. Company return on investment (ROI) is 16.10% and its monthly performance is recorded as 3.58%. QUALCOMM, Inc. (NASDAQ:QCOM) quarterly revenue growth is 4.48%.

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