Before the Bell Scans: Xilinx, Analog Devices, TriQuint Semiconductor, and
LONDON, June 18, 2013
LONDON, June 18, 2013 /PRNewswire/ --
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2012 was a challenging year for the U.S. as well as the global semiconductor
industry as an uncertain economic environment led businesses to scale back on
their spending for semiconductor products. The World Semiconductor Trade
Statistics (WSTS), in a recent report, said that the global semiconductor
market is expected to recover gradually in 2013 with anticipated stable growth
across product categories related to smartphones, tablets and automotive.
According to WSTS, global semiconductor market this year will be $298 billion,
up 2.1% from 2012. On Monday, June 17, 2013, shares in semiconductor companies
ended mostly higher, tracking gains in the broader market. The major movers in
the sector included Xilinx Inc. (NASDAQ: XLNX), Analog Devices Inc. (NASDAQ:
ADI), TriQuint Semiconductor Inc. (NASDAQ: TQNT), and Amkor Technology Inc.
(NASDAQ: AMKR). AAAResearchReports.com has released full comprehensive
research on XLNX, ADI, TQNT, and AMKR. These free technical analyses can be
downloaded by signing up at
Shares in Xilinx Inc. rose sharply on Monday, extending their gains from
previous trading sessions. The Company's shares hit an intraday high of $39.67
before finishing the day 1.57% higher at $39.49. A total of 3.05 million
shares were traded which is below the daily average volume of 3.51 million.
Xilinx's shares have gained 4.50% in the last three sessions. So far this
year, the stock has grown nearly 11.84%, but it still is underperforming the
S&P 500. The Company's shares are currently trading 5.01% below their 52-week
high. A free technical analysis on XLNX available by signing up at:
Analog Devices Inc.'s stock was one of the best performers in the technology
sector yesterday. The Company's shares traded between $45.04 and $46.03 before
finishing the day at $45.95, or 2.22% higher. A total of 2.56 million shares
were traded which is above the daily average volume of 2.06 million. The
Company's shares have now grown over 4% in the last three sessions. So far
this year, the stock has grown nearly 11%, but it is still underperforming the
S&P 500. Analog Devices' shares recently crossed above its 50-day moving
average of $45.06. Register today and access free research on ADI at:
Shares in TriQuint Semiconductor Inc. moved higher on Monday, tracking gains
in the broader market. The Company's shares ended the day 1.32% higher at
$6.90 after hitting an intraday high of $6.91. A total of 1.51 million shares
were traded which is well below the daily average volume of 2.73 million. The
Company's shares have grown nearly 2.40% in the last three sessions. So far
this year, the stock has gained nearly 46.00%, thus outperforming the S&P 500.
However, despite the significant gains, TriQuint's shares are still trading
5.65% below their 52-week high. The free report on TQNT can be downloaded by
signing up now at:
Amkor Technology Inc.'s stock moved lower on Monday even as the broader market
rallied. The Company's shares traded between $4.29 and $4.48 before finishing
the day 1.14% lower at $4.33. A total of 631,261 shares were traded which is
below the daily average volume of 780,494. Shares of the Company have grown
over 5.60% so far in 2013, but it is still underperforming the S&P 500. The
stock is currently trading 28.64% below its 52-week high. Shares of Amkor are
currently trading above their 50-day moving average. A free report on AMKR can
be accessed by registering at:
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