Silicon Image Inc. (SIMG) reported second quarter non-GAAP net income of $0.03 per share after the bell Tuesday, compared to the loss of $0.06 per share last year.
Silicon Image gapped up sharply Wednesday and climbed until the middle of the morning. Shares advanced further late in the afternoon and closed up by 1 point at $4.35 on the highest volume of the year. The stock broke out past resistance and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.