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MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, WITH GDP ON DECK

Owner of Facebook and Instagram plans to spend up to US$10B on AI infrastructure investments

Wall Street Fundamentals Releases New In-Depth Stock Reports on BRCM, CRUS, FCS and MXIM

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 Thursday:

Broadcom Corporation (NASDAQ:BRCM - News) shares traded in the range of $30.69 to $31.43 Thursday before settling to close at $30.86, a decrease of 2.65 percent. The stock appears to be facing some resistance at the $30.94 and $31.42 levels with some support at $30.20 and $29.61. Shares of Broadcom are up approximately 4.0 percent year-to-date.

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

Cirrus Logic, Inc. (NASDAQ:CRUS - News) shares traded in the range of $19.24 to $19.97 Thursday before settling to close at $19.47, a decrease of 2.21 percent. The stock appears to be facing some resistance at the $20.58 and $20.98 levels with some support at $19.18 and $18.06. Shares of Cirrus Logic are down approximately 5.0 percent year-to-date.

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

Fairchild Semiconductor Intl Inc. (NASDAQ:FCS - News) shares traded in the range of $13.03 to $13.38 Thursday before settling to close at $13.05, a decrease of 1.88 percent. The stock appears to be facing some resistance at the $13.09 and $13.35 levels with some support at $12.89 and $12.75. Shares of Fairchild Semiconductor are down approximately 2.0 percent year-to-date.

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

Maxim Integrated Products Inc. (NASDAQ:MXIM - News) shares traded in the range of $31.95 to $32.52 Thursday before settling to close at $32.00, a decrease of 0.47 percent. The stock appears to be facing some resistance at the $32.21 and $32.77 levels with some support at $31.68 and $30.93. Shares of Maxim Integrated Products are up approximately 15.0 percent year-to-date.

More information on Maxim Integrated Products and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MXIM

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