BRUSSELS, May 23- The European Union is pledging 5 billion euros to boost research on semiconductors and other electronics items used in everything from smartphones to cars, in a bid to boost the sector which is lagging U.S. and Asian rivals.» Read More
When you hear the names Intel, Qualcomm and Texas Instruments, healthcare isn’t the first thing that comes to mind, but that could change.
Intel said on Wednesday it had won a mobile WiMax chip order from the world's top cellphone maker Nokia, which will use its semiconductors in Internet-focused devices from 2008.
Texas Instruments said Friday its board has approved an additional $5 billion share buyback and the company plans to raise its quarterly cash dividend by 25 percent.
Intel said on Tuesday it would be able to mass-produce computer processors with features one-third smaller than the current cutting edge within two years.
Shares of Texas Instruments slipped Wednesday after the chip maker did not raise its sales forecast as some investors expected.
Texas Instruments narrowed its earnings and revenue guidance for the third quarter on Tuesday afternoon, sending shares lower in after-hours trading.
Intel raises 3Q sales outlook by $200M
Intel Corp. held a groundbreaking ceremony Saturday for its first chip factory in China, expanding its presence in the booming Chinese computer industry and boosting Beijing's campaign to lure foreign high-tech investment.
Advanced Micro Devices is set to launch its highly publicized new server chip Monday, delivering the biggest jolt to its product lineup in four years.
Chipmaker National Semiconductor said Thursday its fiscal first-quarter profit declined amid lower sales, though results improved sequentially, driven by growth in wireless mobile devices.
Intel on Thursday introduced high-end processors for computer servers to compete with an upcoming new product from Advanced Micro Devices. Intel said the six new Quad-Core Xeon 7300 series processors can deliver more than twice the performance over its previous-generation dual-core products.
Semiconductor company Sigma Designs said fiscal second-quarter profit surged as sales more than double doubled. The company said it earned $8.6 million, or 32 cents per share, compared with a profit of $216,000, or a penny a share, during the same period a year prior.