New Products, Infrastructure Investments, and Collaborations - Research Report on Micron, First Solar, Canadian Solar, Altera, and Cree
Nov 21, 2013, 08:00 ET
NEW YORK, November 21, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Micron Technology, Inc. (NASDAQ: MU), First Solar, Inc. (NASDAQ: FSLR), Canadian Solar, Inc. (NASDAQ: CSIQ), Altera Corporation (NASDAQ: ALTR), and Cree, Inc. (NASDAQ: CREE). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Micron Technology, Inc. Research Report
On November 18, 2013, Micron Technology, Inc. (Micron) announced the development of Automata Processor, a new computing architecture capable of performing high-speed, comprehensive search and analysis of complex, unstructured data streams. According to the Company, its Automata Processor is an accelerator that leverages the intrinsic parallelism of memory and aims to advance computing capabilities in various applications, including bioinformatics, video/image analytics, and network security, which pose challenges for conventional processor architectures due to the amount of complex, unstructured data involved. The Company reported that it is working closely with ecosystem partners and research institutions to grow awareness and engagement for this new technology. The Company expects that graphic design and simulation tools, together with a software development kit (SDK),which will enable developers to design, compile, test, and deploy their own applications using the AP will be available in 2014. The Full Research Report on Micron Technology, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/9e1c_MU
First Solar, Inc. Research Report
On November 15, 2013, First Solar, Inc. (First Solar) announced that the Company will invest approximately $100 million in Japan to develop solar power plants.The Company reported that it will partner with Japanese companies to develop, construct, and operate solar power plants, mitigating Japan's dependence on nuclear and natural gas fuel imports. The Company added that it has established a Japan operating subsidiary, First Solar Japan GK, with an office in Tokyo, Japan, to invest in Japanese resources and expertise, to effectively pursue growth opportunities. Joseph Kishkill, Chief Commercial Officer, First Solar, said, "First Solar is the world's largest developer of solar power plants, and a global leader providing solar technology solutions. We plan to invest in Japan by developing solar power plants both with our own team and through local partners. We believe this strategy will accelerate the adoption of clean and safe solar power in Japan. We welcome partnerships with Japanese companies who seek project investments and complete solar solutions." The Full Research Report on First Solar, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/fe98_FSLR
Canadian Solar, Inc. Research Report
On November 18, 2013, Canadian Solar Inc. (Canadian Solar) announced that the Company's subsidiary, Canadian Solar Solutions Inc., has entered into a sales agreement with a fund managed by DIF, under which DIF will acquire four utility scale solar power plants from Canadian Solar, totaling 40MWAC at a valuation comparable to other recent project sales completed by Canadian Solar on a per megawatt basis in the Ontario market. Canadian Solar informed that under the agreement, the four solar power plants, including "BeamLight" in Georgina, "Gold Light" in Pefferlaw, "Illumination" in Scugog and "Glenarm" in Kawartha Lakes, Ontario Canada, are expected to start construction in 2013 and 2014 with commercial operation expected in 2014. The agreement remains subject to customary closing conditions, including the completion of financing for the construction of each solar plant being arranged with the participation of leading international banks. The Full Research Report on Canadian Solar, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/3fbd_CSIQ
Altera Corporation Research Report
On November 18, 2013, Altera Corporation (Altera) announced that the latest release of the Altera SDK for OpenCL supports IBM Power Systems servers as an OpenCL system host. The Company reported that customers may now develop OpenCL code that targets IBM Power Systems CPUs and accelerator boards with Altera's FPGAs as a high-performance compute solution.Further, the Company announced its full support of the OpenPOWER Consortium, an open development alliance that makes the IBM POWER microprocessor available under license to other companies for open collaboration and development. The Company further informed about its intention to join the Consortium as soon as the governing documentation process is complete and membership opens. The Full Research Report on Altera Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/eab3_ALTR
Cree, Inc. Research Report
On November 18, 2013, Cree, Inc.'s stock (Cree) declined 2.65%, ending the day at $55.39. Over the previous three trading sessions, shares of Cree declined 4.52% compared to the Nasdaq Composite which declined 0.42% during the same period. The Full Research Report on Cree, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/feac_CREE
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