News headlines about Applied Micro Circuits (NASDAQ:AMCC) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Applied Micro Circuits earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the semiconductor company an impact score of 45.3388641001294 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Applied Micro Circuits (NASDAQ:AMCC) remained flat at $8.45 on Tuesday. Applied Micro Circuits has a 12-month low of $4.93 and a 12-month high of $9.05. The stock has a 50-day moving average of $8.45 and a 200-day moving average of $7.42.
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About Applied Micro Circuits
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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