Top Semiconductor Stocks are SPIL, ASX, SOL

Siliconware Precision Industries (ADR) (NASDAQ:SPIL) is amongst the top gainers in the early few minutes with a massive volume of 3.00 million shares and zoomed 3.99% at $7.54.  The stock has a 52-week range of $3.78-$8.19. Siliconware Precision Industries Co., Ltd. is an independent provider of semiconductor packaging and testing services. The Company offers a range of packaging and testing solutions, including advanced substrate packages, such as the flip-chip ball grid array and lead-frame packages, as well as testing for logic, mixed-signal and embedded memory devices.

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Advanced Semiconductor Engineering (ADR) (NYSE:ASX) rallied 5.07% to $4.97 on an unusual massive volume of 2.39 million shares. The stock today also touched a new 52 week high at $5.09.  Today the company announced its unaudited consolidated net revenues for December and 4th quarter of 2009. The company reported that its unaudited consolidated net revenues for the month of December surged 109.8% to NT$8.7 billion, from NT$4.15 billion in the same month last year. For the fourth quarter, the company's unaudited consolidated net revenues increased 43.6% to NT$26.3 billion, from NT$18.31 billion in the year-ago quarter.

ReneSola Ltd. (ADR) (NYSE:SOL)   surged 1.02% to $5.93 with a massive volume of 1.86 million shares.  The stock has a 52-week range of $2.02-$7.90. The company announced that the Company has determined not to proceed with its acquisition of Dynamic Green Energy Limited. ReneSola and Dynamic Green, which operates through its wholly owned subsidiary Jiawei Solarchina Co., Ltd. (Jiawei) and other Chinese operating subsidiaries, announced a share purchase agreement on September 23, 2009 under which ReneSola agreed to acquire 100% of the shares of Dynamic Green, subject to customary closing conditions. While the acquisition and share purchase agreement were approved by both companies' boards of directors, the transaction has not been approved by local government agencies where an operating subsidiary of Jiawei is located. According to the terms of an agreement between Jiawei and the local government, the sale of shares of Dynamic Green requires relevant government approvals.

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