Are Advanced Micro Devices, Atmel Corporation, and Entropic Communications On The Right Track?
New York, NY – GDP INSIDER – 10/08/2014.
This article discusses three semiconductor stocks: Advanced Micro Devices, Atmel Corporation, and Entropic Communications.
On Oct. 6th, Advanced Micro Devices, Inc.(NYSE:AMD) announced that it had been recognized by the Dow Jones Sustainability Index. The company, which has remained on the list for over a decade, cited its corporate responsibility efforts for engineering and math education and environmental protection in the press release. Additionally, the California-based company also completed the first demonstration of the ARM Cortex-A57-based Hadoop demonstration on its Opteron A-Series platform. The framework is used for storage and large-scale data processing.
Atmel Corporation(NASDAQ:ATML) is a California-based semiconductor company that currently has a market capitalization of $3.32 billiona and 418.53 million tradeable shares. On Sept. 22nd, Atmel announced that it was expanding its wireless portfolio with two new turn-key system-on-chips (SocS) as well as four new modules that feature theses SoCs. The company’s WILC1000 and WINC1500 SoCs will also be seamlessly integrating with the solutions the company acquired with Newport Media, a company Atmel purchased back in July of 2014.
Entropic Communications, Inc.(NASDAQ:ENTR) is a highly-liquid stock with a bid price of $2.00 x 100 and an offer price of $3.50 x 100. The company is currently facing strategic alternatives to search for ways to enhance shareholder value, linking with investment bank Barclays to boost its efforts. Entropic Communications also recently adjust its third quarter 2014 guidance to a revenue figure of $43 million. The stock remains just one cent above its 52 week low of $2.44.
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