The Market Vectors Semiconductor ETF has set new highs for six consecutive trading sessions.
Skyworks Solutins (SWKS) is gaining Monday following the announced merger of competitors TriQuint (TQNT) and RF Micro Devices (RFMD).
Shares of GT Advanced Technologies (GTAT) are gaining Monday after the company reporting a narrower-than-expected loss for the fourth quarter.
Shares of Marvell (MRVL) are falling Friday despite the company's quarterly results that beat on earnings and revenue.
Skyworks Solutions (SWKS) has been reiterated as a "buy" with a ratings score of B, according to TheStreet Ratings team.
Absent better operating results and a clear recovery plan, I wouldn't dare touch this stock at any price above $3.
Ultra Clean Holdings (UCTT) hits a one-year high after the company, which creates subsystems and supplies them to the semiconductor industry, reported fourth-quarter results and issued first-quarter guidance that surpassed expectations. Ultra Clean reported adjusted earnings per share of 26 cents and revenue of $126.3 million, which beat analysts' expectations of 23 cents per share on revenue of $125.68 million. The company also announced it expects adjusted EPS of 28 cents to 31 cents and revenue of $135 million to $140 million in the first quarter. This beat analysts' expectations of 21 cents per share on revenue of $122.4 million. In the wake of the results, Stifel Nicolaus raised its target price on Ultra Clean Holdings to $15 from $13 and kept its "buy" rating. The firm expects the company's earnings growth to increase rapidly. Northland Securities also raised its target price to $17 from $9 and kept its "outperform" rating.
Silicon wafer manufacturer Sunedison (SUNE) gains on Wednesday despite posting quarterly results which missed on the top- and bottom-line.
China wants to cut down its costs for Qualcomm's mobile technology dominance, the first challenge to be faced by new CEO Steve Mollenkopf.
Chinese semiconductor foundry Semiconductor Manufacturing International Corporation (SMI), one of the world's largest, tanked on Tuesday after posting fourth-quarter revenue lower than expected.
Applied Materials (AMAT) spikes after first-quarter earnings beat expectations and as the chipmaker predicts robust sales growth in the three months to April.
Lattice Semiconductor (LSCC) has been reiterated as a "buy" with a ratings score of B-, according to TheStreet Ratings team.
Shares of Himax (HIMX) are up Thursday after the fabless semiconductor company's quarterly revenue beat analysts' estimates.
Shares of Nvidia (NVDA) are rising Thursday after earnings beat analysts' estimates thanks to strong GPU sales.
Shares of TriQuint (TQNT) are rising Tuesday based on a report that says it hired Goldman Sachs for advice in response to pressure from activist investor Starboard Value.
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