Silicon Motion (SIMO) falls 0.38% on Moderate Volume September 14

Equities Staff  |

Silicon Motion Technology Corp - ADR (NASDAQ: SIMO) shares fell 0.38%, or $0.29 per share, to close Tuesday at $75.22. After opening the day at $75.40, shares of Silicon Motion fluctuated between $76.24 and $74.50. 266,284 shares traded hands a decrease from their 30 day average of 317,829. Tuesday's activity brought Silicon Motion’s market cap to $2,627,070,761.

Silicon Motion is headquartered in Zhubei, Hsinchu..

About Silicon Motion Technology Corp - ADR

Silicon Motion is the global leader in supplying NAND flash controllers for solid state storage devices and the merchant leader in supplying SSD controllers. Silicon Motion has the broadest portfolio of controller technologies and our controllers are widely used in storage products such as SSDs and eMMC+UFS devices, which are found in data centers, PCs, smartphones, and commercial and industrial applications. Silicon Motion has shipped over six billion NAND controllers in the last ten years, more than any other company in the world. The Company also supplies customized high-performance hyperscale data center and industrial SSD solutions. Its customers includes most of the NAND flash vendors, storage device module makers and leading OEMs.

Visit Silicon Motion Technology Corp - ADR’s profile for more information.

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To get more information on Silicon Motion Technology Corp - ADR and to follow the company’s latest updates, you can visit the company’s profile page here: Silicon Motion Technology Corp - ADR’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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