Semiconductor Stocks under Review -- NVIDIA, SunPower, First Solar, and Cirrus Logic

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Mar 28, 2017, 06:05 ET

NEW YORK, March 28, 2017 /PRNewswire/ --

Pre-market, Stock-Callers.com takes note of the following Specialized Semiconductor companies: NVIDIA Corp. (NASDAQ: NVDA), SunPower Corp. (NASDAQ: SPWR), First Solar Inc. (NASDAQ: FSLR), and Cirrus Logic Inc. (NASDAQ: CRUS). According to a report by the Semiconductor Industry Association, global semiconductor sales increased across all regions on a y-o-y basis, with the largest growth in China, which rose 21%, followed by the Americas (13%), Japan (12%), Asia-Pacific/others (11%), and Europe (5%). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

NVIDIA

On Monday, shares in Santa Clara, California headquartered NVIDIA Corp. recorded a trading volume of 12.65 million shares. The stock ended the day at $108.25, up 0.73% from the last trading session. The Company's shares have advanced 6.69% in the past month, 1.19% in the previous three months, and 1.54% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.68% and 36.84%, respectively. Furthermore, shares of NVIDIA, which operates as a visual computing company worldwide, have a Relative Strength Index (RSI) of 57.29.

On March 24^th, 2017, NVIDIA announced that Tencent Cloud will adopt NVIDIA® Tesla® GPU accelerators to help advance artificial intelligence for enterprise customers. Tencent Cloud will integrate NVIDIA's GPU computing and deep learning platform into its public cloud-computing platform, which will provide users with access to a set of new cloud services powered by Tesla GPU accelerators. Sign up and read the free research report on NVDA at:

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SunPower

San Jose, California headquartered SunPower Corp.'s stock rose 1.15%, finishing yesterday's session at $6.14 with a total trading volume of 2.59 million shares. The Company's shares are trading below their 50-day moving average by 15.54%. Shares of the Company, which develops, manufactures, and delivers solar solutions worldwide, have an RSI of 32.07.

On March 21^st, 2017, SunPower announced that, in the first round of France's tender process for large-scale solar power, the Company will supply 31% of the solar panels required for the awarded solar projects, more than any other solar panel brand. In total, SunPower will provide 130 megawatts of its high efficiency SunPower® E-Series solar panels for installation at 25 ground-mount and carport solar projects. The complimentary research report on SPWR can be downloaded at:

http://stock-callers.com/registration/?symbol=SPWR

First Solar

Shares in Tempe, Arizona headquartered First Solar Inc. ended the session 0.28% lower at $28.23. The stock recorded a trading volume of 2.42 million shares. The Company's shares are trading 14.83% below their 50-day moving average. Moreover, shares of First Solar, which provides solar energy solutions in the US and internationally, have an RSI of 29.61.

On March 26^th, 2017, First Solar announced that financial close has been reached for the Manildra Solar Farm in New South Wales, Australia. The Company will leverage its expertise in utility-scale solar development to deliver the 48.5-megawatt project, which will utilize approximately 466,000 First Solar thin-film photovoltaic modules and single-axis tracking technology expected to produce more than 120,000 megawatt-hours of electricity in its first year of operation. Register for free on Stock-Callers.com and access the latest report on FSLR at:

http://stock-callers.com/registration/?symbol=FSLR

Cirrus Logic

At the closing bell on Monday, Austin, Texas headquartered Cirrus Logic Inc.'s stock climbed 0.72%, finishing at $60.49. A total volume of 963,946 shares was traded. The Company's shares have gained 8.68% in the last month, 3.08% over the previous three months, and 6.99% on an YTD basis. The stock is trading 6.92% and 16.29% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Cirrus Logic, which develops, manufactures, and markets analog and mixed-signal integrated circuits for a range of consumer and industrial markets, have an RSI of 66.93.

On March 01^st, 2017, research firm Oppenheimer downgraded the Company's stock rating from 'Outperform' to 'Perform'. Get free access to your research report on CRUS at:

http://stock-callers.com/registration/?symbol=CRUS

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