Applied Micro Circuits (AMCC) Earns News Impact Rating of 0.52
Headlines about Applied Micro Circuits (NASDAQ:AMCC) have trended very positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Applied Micro Circuits earned a news impact score of 0.52 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 97 out of 100, meaning that recent news coverage is extremely likely to have an effect on the company’s share price in the next several days.
Shares of Applied Micro Circuits (AMCC) opened at 8.45 on Friday. The firm’s 50 day moving average price is $8.45 and its 200 day moving average price is $7.42. Applied Micro Circuits has a 52-week low of $4.93 and a 52-week high of $9.05.
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Applied Micro Circuits Company Profile
Applied Micro Circuits Corporation (AMCC) provides silicon solutions for cloud infrastructure and data centers, as well as connectivity products for edge, metro and long haul communications equipment. The Company’s products serve Computing and Connectivity markets. Its Computing products include the X-Gene family of server processors, based on the ARMv8 64-bit Instruction Set Architecture (ISA), which target mainstream cloud and data center infrastructure, including hyperscale, telco, enterprise and high performance computing.
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