Weekly Tech Update: AMAT, CREE, INTC, MU, QCOM, NVDA

The semiconductor industry was one of the strongest performing sectors in 2014, driven by the continued strength in personal, network and service provider communications, and increasing electronics adoption around the world. According to The Semiconductor Industry Association, the global semiconductor industry posted record sales of $336 billion in 2014, a 9.9% increase from 2013. Annual sales increased in all the regional markets for the first time since 2010.