Weekly Tech Update: AMAT, AMD, BRCM, MU, NVDA, TXN

Earlier this month, the Semiconductor Industry Association reported that, at $87 billion (5.7% sequential and 8% annual growth), the global semiconductor sales outperformed the latest World Semiconductor Trade Statistics industry forecast in Q3 2014 and were the highest ever quarterly sales for the industry. However, the calendar Q3 2014 earnings report have been mixed as participants are experiencing a deceleration.