Microsoft Gives Chip Makers Choices

Microsoft Corporation (NASDAQ:MSFT): Microsoft, in an unexpected maneuver, reportedly has let its chip partners for constructing ARM-based (NASDAQ:ARMH) Windows 8 hardware choose which notebook vendors they will work with. Reports say Qualcomm went with Samsung and Sony (NYSE:SNE); Texas Instruments (NYSE:TXN) chose Toshiba and Samsung; and Nvidia (NASDAQ:NVDA) chose Lenovo and Acer.

Here’s how these stocks are trading on the news:

Microsoft Corporation (NASDAQ:MSFT): MSFT shares recently traded at $25.72, up $0.5, or 1.98%. They have traded in a 52-week range of $23.65 to $29.46. Volume today was 26,010,333 shares versus a 3-month average volume of 56,201,700 shares. The company’s trailing P/E is 9.35, while trailing earnings are $2.75 per share. Get the most recent company news and stock data here >>

ARM Holdings plc (NASDAQ:ARMH): ARMH shares recently traded at $27.86, up $0.01, or 0.04%. They have traded in a 52-week range of $18.17 to $32.18. Volume today was 1,167,819 shares versus a 3-month average volume of 4,017,250 shares. The company’s trailing P/E is 74.29, while trailing earnings are $0.38 per share. Get the most recent company news and stock data here >>

Sony Corporation (NYSE:SNE): SNE shares recently traded at $17.95, up $0.18, or 1.01%. They have traded in a 52-week range of $16.16 to $36.97. Volume today was 165,472 shares versus a 3-month average volume of 1,297,590 shares. The company’s trailing earnings are $-4.59 per share. Get the most recent company news and stock data here >>

Texas Instruments Inc. (NYSE:TXN): TXN shares recently traded at $30.41, up $0.44, or 1.47%. They have traded in a 52-week range of $24.34 to $36.71. Volume today was 2,967,808 shares versus a 3-month average volume of 13,102,300 shares. The company’s trailing P/E is 12.67, while trailing earnings are $2.40 per share. Get the most recent company news and stock data here >>

NVIDIA Corporation (NASDAQ:NVDA): NVDA shares recently traded at $15.82, up $0.1, or 0.64%. They have traded in a 52-week range of $11.47 to $26.17. Volume today was 4,668,172 shares versus a 3-month average volume of 20,216,300 shares. The company’s trailing P/E is 15.15, while trailing earnings are $1.04 per share. Get the most recent company news and stock data here >>