Last updated on April 17, 2014 at 21:23 EDT

StockCall Pre-Market Review on Atmel, Cypress Semiconductor, ON Semiconductor, Maxim Integrated Products, and Integrated Device Technology

March 7, 2013

LONDON, March 7, 2013 /PRNewswire/ –

The semiconductor industry faced significant challenges in 2012 as the global economy
slowed down. The industry is also seeing a major transformation due to the shift to
mobile. Going forward companies that have sound mobile strategy will be the ones in a
strong position. Meanwhile, companies such as Atmel Corporation (NASDAQ: ATML), Cypress
Semiconductor Corporation (NASDAQ: CY), ON Semiconductor Corp. (NASDAQ: ONNN), Maxim
Integrated Products Inc. (NASDAQ: MXIM), and Integrated Device Technology Inc. (NASDAQ:
IDTI) will also benefit from an improving outlook for the global company. On Wednesday,
semiconductor stocks ended on a mixed note even as the Dow Jones finished at yet another
record high. StockCall analysts initiated preliminary technical research on ATML, CY,
ONNN, MXIM, and IDTI. These free reports are accessible by signing today at


Shares of Atmel Corp. edged lower in Wednesday’s trading session. The stock closed
0.92% lower at $6.43 on volume of 2.86 million. For the week, the stock has now fallen
more than 1.30%. Year-to-date, Atmel Corporations shares have fallen more than 1.80%.
Atmel’s shares are currently trading below their 50-day and 200-day moving averages, which
is a bearish signal. The bearish trend is further confirmed by the stock’s MACD chart. The
company currently has support at $6.25. The free technical analysis on ATML is available
by signing up at


Shares of Cypress Semiconductor Corp. rose sharply in Wednesday’s trading session,
extending their gains for the week. The stock closed 1.51% higher at $10.79 on volume of
3.73 million. For the week, the stock has now gained nearly 5%. Technical indicators for
Cypress Semiconductor are currently giving very strong bullish signals. The stock’s MACD
is currently trading above the signal line and the zero-line. The stock has just broken
through $10.50 resistance level. Year-to-date, the semiconductor company’s shares,
however, have fallen 0.46%, underperforming the broad market. Register now to download the
free research on CY at


Shares of ON Semiconductor Corp. also rose sharply in Wednesday’s trading session,
ending the day 1.12% higher at $8.10 on above average volume of 7.61 million. The stock
rose to an intra-day high of $8.15 yesterday. The company’s shares have gained more than
2.70% so far this week. Year-to-date, the stock has inched up nearly 15%, easily
outperforming the broad market. Recent volume activity suggests that market sentiment has
turned bullish on ON Semiconductor. The stock is also trading above its 50-day and 200-day
moving averages, which further confirms the bullish trend. Free report on ONNN can be
accessed by registering at


Shares of Maxim Integrated Products Inc. slipped in Wednesday’s trading session. The
stock closed 0.63% lower at $31.80 on volume of 2.13 million. Despite the pullback
yesterday, the company’s shares gained more than 2.60% in the last three trading sessions.
Year-to-date, the stock has gained more than 8%, outperforming the broad market. Register
with StockCall and download the research on MXIM for free at


Shares of Integrated Device Technology Inc. edged lower in Wednesday’s trading
session. The stock closed 1.18% lower at $6.69 on volume of 1.30 million. Year-to-date,
the stock has now fallen more than 8%, underperforming the broad market. Technical
indicators for the company are currently giving strong bearish signals. Read the full free
research on IDTI by signing up to StockCall at


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SOURCE StockCall.com

Source: PR Newswire