StockCall.com Provides Stock Research on NVIDIA Corp., Cirrus Logic Inc., ARM Holdings plc, and Lattice Semiconductor Corp.
New York City, New York -- (May 31, 2013)
Over the last few years, more and more users in the U.S., as well as globally, have been shifting from PCs to mobile computing. With the launch of new smartphones and tablets, the shift to mobile computing is expected to continue. This is likely to further hurt PC demand. With PC demand weakening, the key for semiconductor companies will be to develop a sound mobile strategy in order to capitalize on the trend. Semiconductor companies are also expected to benefit from an improved economic outlook. On Thursday, May 30, 2013, shares in semiconductor companies ended mostly higher, tracking gains in the broad market which edged higher as some weak economic data in the U.S. raised hopes that the Federal Reserve will continue with its $85 billion a month bond buying program. The major movers in the sector included NVIDIA Corporation (NASDAQ: NVDA), Cirrus Logic Inc. (NASDAQ: CRUS), ARM Holdings Plc (ADR) (NASDAQ: ARMH), and Lattice Semiconductor (NASDAQ: LSCC).StockCall has released full comprehensive research on NVDA, CRUS, ARMH, and LSCC and these free technical analyses can be downloaded by signing up at
Shares in NVIDIA Corporation rose sharply on Thursday, closing 1.32% higher at $14.63 after trading between $14.38 and $14.77. A total of 7.11 million shares were exchanged which is below the daily average volume of 9.23 million. The company’s shares have gained over 20.70% so far in 2013, outperforming the S&P 500. However, despite the gains, the stock is still trading 2.34% below its 52-week high. It is trading well above its 50- and 200-day moving averages. Shares of the company are currently facing resistance at around $14.75.Free technical analysis on NVDA available by signing up at
Cirrus Logic Inc.’s stock rallied yesterday, extending its gains for the week. The company’s shares hit an intraday high of $18.43 before finishing the day 3.86% higher at $18.30. A total of 4.11 million shares were traded on Thursday which is below the daily average volume of 4.80 million. Shares of CRUS have grown over 5.40% so far this year. However, despite the gains this week, the stock is still down over 36.80% hitherto in 2013. It is currently trading nearly 59.80% below its 52-week high.Register today and access the free research on CRUS at
Shares in ARM Holdings Plc moved higher on Thursday, tracking gains in the broad market. The company’s shares traded between $45.04 and $45.79 before finishing the day 2.08% higher at $45.54. A total of 921,275 shares were traded which is well below the daily average volume of 2.12 million. The stock rebounded yesterday after finding support at around $45. It is currently trading slightly above its 50-day moving average. So far this year, shares of ARMH have grown 20.80%, outperforming the S&P 500.The free report on ARMH can be downloaded by signing up now at
Lattice Semiconductor’s stock was one the best performers in the semiconductor sector yesterday. The stock hit an intraday high of $5.34 before finishing the day 3.19% higher at $5.18. A total of 1.12 million shares were exchanged which is below the daily average volume of 1.39 million. The company’s shares have now gained over 4.40% so far this week. The stock is currently trading close to its 52-week high of $5.70.Free report on LSCC can be accessed by registering at
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William T. Knight
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