Dallas 4/28/2010 2:03:08 AM
News / Business

Semiconductors Stocks Losers (TSN, BRCM, AMD, NVDA, Micron, SNDK)

Semiconductors Stocks

 

 Texas Instruments Incorporated (Public, NYSE:TXN) slid 1.44% to $26.77 despite Texas Instruments Inc., the second- largest U.S. chipmaker posted strong first-quarter results as it continues to benefit from demand. First-quarter profit of $658 million, or 52 cents a share, up from $17 million, or 1 cent a share, a year earlier. Revenue climbed 54% to $3.21 billion.

 

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Broadcom Corporation (Public, NASDAQ:BRCM) slid 2.72% to $35.05 on high volume. Broadcom Corporation (NASDAQ:BRCM) to report on Tuesday with a Wall Street’s estimations of earnings of 47 cents a share and revenue of $1.38 billion.

 

Advanced Micro Devices, Inc. (Public, NYSE:AMD) lost 2.41% to $9.72 on very high volume.

 

NVIDIA Corporation (Public, NASDAQ:NVDA) lost 2.35% to $16.21 on heavy volume.

 

Micron Technology, Inc. (Public, NASDAQ:MU) plunged 4.30% to $10.50 on heavy volume.

 

SanDisk Corporation (Public, NASDAQ:SNDK) fell 3% to $42.23.

 

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