Top Semiconductor Stocks Gainers (NASDAQ: SSTI, SOLR, NETL)

by EIN on 2010/02/05

in economy

(EMAILWIRE.COM, February 04, 2010 ) Dallas, Tx – Silicon Storage Technology, Inc. (NASDAQ:SSTI) went up 5.95% to $2.85 on 10.99 million shares. The stock hit an intraday high and an intraday low of $2.87 and $2.82 respectively. In the last six months the stock went up over 49%. Silicon Storage Technology, Inc. is a supplier of NOR flash memory semiconductor devices for the digital consumer, networking, wireless communications and Internet computing markets.

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GT Solar International, Inc. (NASDAQ:SOLR) surged 6.67% to $6.40 on 8.47 million shares after the company updated fiscal 2010 guidance to the upper end of its previous range with revenue of $500-$550 million and fully diluted earnings per share of $0.52-$0.60. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $501 million and EPS of $0.49 for the same period.

NetLogic Microsystems, Inc. (NASDAQ:NETL) soared 14.19% to $49.48 on 3.47 million shares after the company posted a better-than-expected adjusted quarterly profit, helped by strong design wins and the successful integration of recent mergers, and forecast a strong first quarter, sending its shares up as much as 14 percent. For the latest fourth quarter, the company posted a loss of $37.2 million, or $1.43 per share, compared with a loss of $1.1 million, or 5 cents per share, last year.

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Source: EmailWire.Com

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