|By PR Newswire||
|April 19, 2013 08:00 AM EDT||
LONDON, April 19, 2013 /PRNewswire/ --
Semiconductor companies are adapting to the changing market dynamics. With more and more users switching to smartphones and tablets, mobile computing is expected to be the key growth driver for semiconductor companies going forward. The industry faced significant challenges in 2012 amid a slowdown in the global economy. However, outlook for 2013 as improved as global economy has shown signs of improvement. On Thursday, semiconductor stocks ended mostly lower. Among the major movers were Applied Materials Inc. (NASDAQ: AMAT), Cree Inc. (NASDAQ: CREE), United Microelectronics Corp. (NYSE: UMC), KLA-Tencor Corporation (NASDAQ: KLAC), and Entegris Inc. (NASDAQ: ENTG). StockCall has posted free technical research reports on AMAT, CREE, UMC, KLAC, and ENTG and these can be accessed by signing up at
Applied Materials Inc.'s shares slipped in trading yesterday, tracking losses in the broad market. The stock closed 0.96% lower at $12.92 on above average volume of 13.91 million. Shares of AMAT traded between $12.89 and $13.23 on Thursday. The stock has fallen nearly 3% in the last three sessions. Despite the pullback, Applied Materials' shares are still trading close to their 52-week high of $13.99. Year-to-date, the stock is still up more than 13.60%, outperforming the S&P 500. Download the free report on AMAT upon registration at
Shares of Cree Inc. also edged lower on Thursday. The stock fell to an intra-day low of $52.68 before paring some of the losses to finish the day 0.90% lower at $53.12 on volume of 2.25 million. Despite the pullback yesterday, Cree's shares are up nearly 0.80% in the last three trading sessions. The company's shares are currently facing stiff resistance at around $55. The stock currently has strong support at around $52.50. Its MACD is currently trading below the signal line, which is a bearish signal. CREE technical report can be accessed for free by signing up at
United Microelectronics Corp.'s shares fluctuated between gains and losses on Thursday before finishing the day flat at $1.80 on volume of 678,384. The stock is currently trading close to its 52-week low of $1.75. Its shares have struggled so far in 2013, falling more than 9.50%. The stock has seen a series of lows since the start of this year, which is a bearish signal. The negative trend is further confirmed by the stock's MACD chart. The free report on UMC can be downloaded by signing up now at
Shares of KLA-Tencor Corporation edged higher yesterday; however, the gains were limited. The stock closed 0.23% higher at $52.87 on above average volume of 2.14 million. The company's shares have gained more than 1% in the last three sessions even as the broad market has struggled. Year-to-date, the stock has gained nearly 11.50%, outperforming the S&P 500. However, the stock recently slipped below its 50-day moving average, which is a bearish signal. Free report on KLAC can be accessed by registering at
Entegris Inc.'s shares ended marginally lower in Thursday's session. The stock closed 0.54% lower at $9.19 on above average volume of 634,698. The stock has fallen nearly 2% in the last three sessions. Entegris' shares are currently trading 9.72% below their 52-week high. The stock is also trading below its 50-day moving average, which is a bearish signal. The stock's MACD is trading below the signal line and the zero-line, further confirming the negative trend. Register with StockCall and download the research on ENTG for free at
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The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
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