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MARKETS LIVE BLOG:

STOCKS TRADE MIXED, TESLA SURGES DAY AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Wall Street Fundamentals Releases New In-Depth Stock Reports on AVGO, INTC, RFMD and TQNT

ACCESSWIRE

The Semiconductor Industry Association (SIA) recently reported that global sales of semiconductors totaled $26.28 billion in January, which was the highest sales total ever for January and an increase of 8.8 percent year-over-year. Sales in the Americas region experienced 17.3 percent year-over-year growth in January. "The global semiconductor industry has built on its record revenues from 2013 with an impressive start to 2014, led largely by continued strength in the Americas market," said Brian Toohey, president and CEO, Semiconductor Industry Association. "Sales in January were up across most regions and nearly all product categories compared to last January, which bodes well for continued growth during the rest of 2014." Here is how some semiconductor stocks reacted Wednesday:

Avago Technologies Ltd. (NASDAQ:AVGO - News) shares traded in the range of $62.12 to $64.88 Wednesday before settling to close at $62.81, a decrease of 1.86 percent. The stock appears to be facing some resistance at the $63.61 and $66.28 levels with some support at $61.77 and $59.52. Shares of Avago Technologies are up approximately 18.0 percent year-to-date.

More information on Avago Technologies and access to the free equity report can be found at:
www.WallStreetFundamentals.com/AVGO

Intel Corporation (NASDAQ:INTC - News) shares traded in the range of $25.32 to $25.74 Wednesday before settling to close at $25.38, a decrease of 0.33 percent. The stock appears to be facing some resistance at the $25.50 and $25.95 levels with some support at $25.22 and $24.93. Shares of Intel have fallen approximately 2.0 percent year-to-date.

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More information on Intel and access to the free equity report can be found at:
www.WallStreetFundamentals.com/INTC

RF Micro Devices, Inc. (NASDAQ:RFMD - News) shares traded in the range of $7.53 to $7.84 Wednesday before settling to close at $7.57, a decrease of 2.70 percent. The stock appears to be facing some resistance at the $7.65 and $8.13 levels with some support at $7.18 and $6.62. Shares of RF Micro Devices are up approximately 46.0 percent year-to-date.

More information on RF Micro Devices and access to the free equity report can be found at:
www.WallStreetFundamentals.com/RFMD

TriQuint Semiconductor (NASDAQ:TQNT - News) shares traded in the range of $12.92 to $13.57 Wednesday before settling to close at $12.97, a decrease of 3.57 percent. The stock appears to be facing some resistance at the $13.25 and $14.62 levels with some support at $12.50 and $10.84. Shares of TriQuint Semiconductor are up approximately 55.0 percent year-to-date.

More information on TriQuint Semiconductor and access to the free equity report can be found at:
www.WallStreetFundamentals.com/TQNT

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com