Advanced Micro Devices Inc, ARM Holdings plc, NVIDIA Corporation and QUALCOMM Inc Emerge as Hot Chip Stocks

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ARM Holdings plc
ARM Holdings plc

The new 12 GB graphics card AMD FirePro S1000Advanced has been announced by Micro Devices, Inc.(NYSE:AMD); the card will be efficient for double or single precision computing tasks that are high-performance. In the last session of trading volume share of Advanced Micro Devices, Inc. (NYSE:AMD) was 15.12 million whereas its average volume share is 33.94 million. The stock opened at a value of $3.55 and went up as high as $3.57; after dipping by -0.56% the stock closed at $3.52.

The most persistent programming model and platform for parallel computing NVIDIA CUDA 6 has been announced by NVIDIA Corporation (NASDAQ:NVDA). Shares of NVIDIA Corporation (NASDAQ:NVDA) ended at a value of $16.22 yesterday. Institutional ownership of the stock is 77.70% whereas its insider ownership is 0.30%. Stock’s shares capital has outstanding shares of 585.35 billion out of which 550.39 are being floated in the market.

QUALCOMM, Inc. (NASDAQ:QCOM) will witness growth in its earnings in the year 2014 because of it which the company’s stock entered Goldman Sachs’ Conviction Buy List and was given a price target of $80. Shares of QUALCOMM, Inc. (NASDAQ:QCOM) saw a jump up by 1.70% in the stock market and ended at a value of $71.22. The stock’s range over 52 weeks was between $59.02 and $71.48 where it has a $120.32 billion market capitalization. In the last session of trading the QCOM had a volume share of 14.86 million. The stock’s shares capital has outstanding shares of 1.69 million.

Chip maker The contract volume for ARM Holdings plc (ADR) (NASDAQ:ARMH) went over 4,000 contracts towards the session’s end, which is 9 times more than its previous strike open interest. Shares of ARM Holdings plc (ADR) (NASDAQ:ARMH) kicked off at $44.79 at the start of the session and went up as high as $45.58; after going up by 0.96% the stock ended at a value of $45.38; its range over the day was between $44.77 and $45.58. ARMH has a $21.17 billion market capitalization. In the trading session the stock had a volume share of 1.63 million whereas its average volume share is 1.96 million.

 

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