The Semiconductor Industry Association (SIA) earlier this month reported global sales of semiconductors totaled $74.65 billion for the second quarter, an increase of 6 percent sequentially and the largest quarterly increase in three years. The increase was driven by a strong performance from the Americas region, which posted a 8.6 percent sequential growth. "There's no question the global semiconductor industry has picked up steam through the first half of 2013, led largely by the Americas," said Brian Toohey, president and CEO, SIA. "We have now seen consistent growth on a monthly, quarterly, and year-to-year basis, and sales totals have exceeded the latest industry projection, with sales of memory products showing particular strength."
Analog Devices, Inc. (NASDAQ: ADI) shares traded in the range of $47.77 to $48.51 Friday before settling to close at $48.31, an increase of 0.99 percent. The stock appears to be facing some resistance at the $48.74 and $49.23 levels with some support at $47.94. Shares of Analog Devices have gained approximately 28.0 percent in 2013.
More information on Analog Devices and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ADI
Advanced Micro Devices, Inc. (NYSE: AMD) shares traded in the range of $3.65 to $3.71 Friday before settling to close at $3.66, a decrease of 0.81 percent. The stock appears to be facing some resistance at the $3.78 and $4.11 levels with some support at $2.75. Shares of Advanced Micro Devices have gained approximately 52.0 percent in 2013.
More information on Advanced Micro Devices and access to the free equity report can be found at:
www.WallStreetFundamentals.com/AMD
ARM Holdings plc (NASDAQ: ARMH) shares traded in the range of $40.65 to $41.20 Friday before settling to close at $40.97, an increase of 0.76 percent. The stock appears to be facing some resistance at the $41.12 and $42.43 levels with some support at $39.24. Shares of ARM Holdings have gained approximately 8.0 percent in 2013.
More information on ARM Holdings and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ARMH
Texas Instruments Incorporated (NASDAQ: TXN) shares traded in the range of $38.44 to $39.05 Friday before settling to close at $38.74, an increase of 0.23 percent. The stock appears to be facing some resistance at the $39.01 and $39.98 levels with some support at $38.59. Shares of Texas Instruments have gained approximately 25.0 percent in 2013.
More information on Texas Instruments and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TXN
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