Cavium moves higher after Cisco's positive results, levels to watch The shares are up over 7% at time of writing, breaking out above the 10-day moving average, last at $32.29 and now major support. Resistance is at $33.54. Pacific Crest earlier commented that Cisco's results and guidance boded well for the company.
QLogic and Cavium collaborate for cloud storage applications QLogic (QLGC) has developed a joint solution with Cavium (CAVM). The big data infrastructure solution significantly accelerates performance of enterprise storage, cloud storage and big data storage applications.