Semiconductor memory Chips: Micron Technology (NASDAQ:MU), SemiLEDs Corporation (NASDAQ:LEDS), Spansion (NYSE:CODE), Rambus Inc. (NASDAQ:RMBS)

Technology Stocks News 5

After the acquisition of Elpida Memory, Micron Technology Inc (NASDAQ:MU) has stepped up its cooperation with Taiwan-based Nanya Technology and Inotera Memories, enabling the two firms to further strengthen their developments in the niche memory market, Lu noted. Micron Technology, Inc. (NASDAQ:MU) stock performance was 6.36% in last session and finished the day at $23.91. Traded volume was 46.21million shares in the last session and the average volume of the stock remained 31.71million shares. The beta of the stock remained 1.80. Micron Technology, Inc. (NASDAQ:MU) insider ownership is 0.70%.

SemiLEDS Corporation (NASDAQ:LEDS) released its earnings data on Monday. The company reported ($0.20) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.21) by $0.01, Analyst Ratings Net reports. The company had revenue of $4.20 million for the quarter, compared to the consensus estimate of $4.47 million. SemiLEDs Corporation (NASDAQ:LEDS) rose 4.81 percent to $1.09 Thursday on volume of 55,611.00million shares. The intra-day range of the stock was $1.05 to $1.10. SemiLEDs Corporation (NASDAQ:LEDS) has a market capitalization of $30.54million.

Sterne Agee started coverage on shares of Spansion Inc (NASDAQ:CODE) in a research note issued on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $25.00 price target on the stock. Sterne Agee’s price target indicates a potential upside of 42.94% from the company’s current price. Spansion Inc. (NYSE:CODE)’s stock on Apr 17, 2014 reported a increase of 5.13% to the closing price of $18.64. Its fifty two weeks range is $9.70-$18.70. The total market capitalization recorded $1.12billion. The overall volume in the last trading session was 2.04million shares. In its share capital, CODE has 60.08million outstanding shares.

Rambus Inc. NASDAQ:RMBS) is set to report first-quarter 2014 results on Apr 21. Last quarter, the company posted an astounding positive earnings surprise of 1300.00%. Let’s see how things are shaping up for this announcement. On Thursday, shares of Rambus Inc. (NASDAQ:RMBS) advanced 4.41% to close the day at $12.31. Company return on investment (ROI) is 0.10% and its monthly performance is recorded as 15.05%. Rambus Inc. (NASDAQ:RMBS) quarterly revenue growth is 43.64%.

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