InvenSense (INVN +6.3%) is sharply higher after announcing its motion sensor chips are shipping...

|About: InvenSense (INVN)|By:, SA News Editor

InvenSense (INVN +6.3%) is sharply higher after announcing its motion sensor chips are shipping in large volumes for use in Windows 8 and RT tablets and ultrabooks from tier-1 OEMs. InvenSense noted in its calendar Q3 earnings call STMicroelectronics (STM) has a "dominant position" when it comes to Intel-based Windows motion sensor design wins, thanks to its inclusion in an Intel reference design.