Semiconductor Stocks Top Gainers are NVDA, SNDK, TSM, AMAT, ALTR, WFR


(EMAILWIRE.COM, March 05, 2010 ) Dallas, Tx - Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) rallied 2.43% to $10.11 after it announced that it has acquired mechanical and engineering equipment from KLA-TENCOR CORP. and ASML HONG KONG LTD., at a price of NTD 934,093,520 and NTD 523,440,000 respectively. The stock has a 52-week range of $7.69-$11.94.

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NVIDIA Corporation (NASDAQ:NVDA) is amongst the top gainer in the early few hours. The stock has surged 3.09% and is trading at $17.17 after the company reportedly told a Morgan Stanley conference in San Francisco that it is looking for an increase in gross margins this year. The #2 graphics chip maker also unveiled its next-generation ION graphics processor, which it says will supercharge netbooks with 10 times the graphics performance of standard netbooks. New ION netbooks also feature Nvidia's 10 hour Optimus battery. More than 30 products with ION graphics processor will launch by the summer.

SanDisk Corporation (NASDAQ:SNDK) zoomed 3.76% over its previous day's price and now trades at $33.38. Check Point Software Technologies Ltd. the worldwide leader in securing the Internet, and SanDisk Corporation the global leader in flash memory cards, today announced that the companies will provide businesses with a secure virtual workspace through a USB drive. The new solution, Check Point Abra, combines a SanDisk high-performance, encrypted USB Flash drive with Check Point virtualization, VPN and security technologies to create a device from which mobile workers can access files and applications anywhere and anytime.

Applied Materials, Inc. (NASDAQ:AMAT) soared 1.06% to $12.39. The stock has a 52-week range of $8.45-$14.94.

Altera Corporation (NASDAQ:ALTR) jumped 1.87% to $25.00. So far in the last six months trade the stock went up 27%.

MEMC Electronic Materials, Inc. (NYSE:WFR) climbed 2.97% to $12.83. The stock has a 52-week range of $11.50-$21.36.

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