Seagate to INVEST in Thailand and 4 Chip and Big Data Stocks on the Move

Broadcom Corp. (NASDAQ:BRCM):  Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today announced their NetXtreme^® II server network virtualization (NV) acceleration technology for VXLAN implementations, improving server performance by more than 55%. Together with Broadcom’s new StrataXGS^® Trident II Switch Series with Smart NV technology, Broadcom offers the industry’s most complete end-to-end platform solution for VXLAN cloud-scale networks.  Their shares traded down $0.62 (1.74%), they were recently at $35.04.

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QUALCOMM Incorporated (NASDAQ:QCOM):  Semiconductor Ideas to the Market BV, otherwise known as ItoM (Eindhoven, The Netherlands), have reached a settlement with several chip companies, including Qualcomm Incorporated and Broadcom, in a deal reportedly worth several million dollars. ItoM, an applied research lab that was spun off from Philips in 1998 and pursued an IP generation and licensing business model, has not confirmed the size of the settlement, but issued a statement saying they have dismissed patent infringement claims that were pending in the Eastern District of Texas. The statement referenced Qualcomm and Broadcom amongst other unnamed parties. Their shares traded down $0.82 (1.31%), they were recently at $61.29.

Seagate Technology PLC (NASDAQ:STX):  The United States-based Seagate Technology, the world’s leading hard disk drive (HDD) manufacturer, has pledged to invest up to $200 million a year in Thailand, affirming their long term commitment in spite of suffering a severe impact from last year’s floods. Although the floods affected their global supply chain and production, company executives said that Seagate will continue to expand their production in Thailand, which currently houses one of their three global production facilities for finished HDD. Their shares traded down $1.40 (4.17%, they were recently at $32.19.

Western Digital Corp. (NYSE:WDC):  Western Digital Corp.(NYSE:WD) released a portable external drive for Macs and a dual-disk external desktop backup drive. They claim their new drive  is faster than a solid-state drive (NYSE:SSD). WD announced the “My Book VelociRaptor Duo” desktop backup drive and the” My Passport for Mac,” which comes with one 5Gbps USB 3.0 port. Their shares traded down $1.42 (3.25%), they were recently at $42.08.

VMware, Inc. (NYSE:VMW):  Incoming VMware Inc.’s Chief Executive Officer Pat Gelsinger wants to bring more operational discipline to the company, especially after raising their global target market from $30 billion to $50 billion. The extra market potential was opened up this week at VMworld 2012 with the launch of their software-defined data centers. Their shares traded down $2.10 (2.32%), they were recently at $88.52.

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