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
Analog chipmaker National Semiconductor reported quarterly results in line with lowered expectations, while fellow chipmaker Marvell Technology reversed its quarterly loss from last year.
Advanced Micro Devices announced a new collection of chips that will add better graphics capabilities to the motherboards that connect the different parts of a personal computer.
Intel lowered its gross margin forecast for the current quarter on Monday, citing weaker pricing on certain types of memory chips and the company's shares fell 2 percent in extended trading.
Micron Technology, the largest U.S. maker of memory chips, and smaller rival Nanya Technology have signed an agreement on technology licensing and a possible chip joint venture, sources from both companies said.
Shares of Nvidia suffered their worst one-day loss in more than three years Thursday, a day after the graphics chipmaker reported the first weakening of gross margin in 13 quarters and concerns mounted over competitive risks from rivals ATI and Intel.
Applied Materials posted a lower quarterly profit as revenue declined 8 percent amid a slump in the semiconductor equipment manufacturing industry, but the company's performance beat expectations.
At Intel and Advanced Micro Devices, which together own the market for computer microprocessors, their chief executives had one message for investors this week: "What, me worry?"
Intel shares took a nosedive Wednesday after the chip maker posted fourth-quarter results and a first-quarter outlook behind Wall Street targets.
Intel posted fourth-quarter results and a first-quarter outlook behind Wall Street targets, sending its shares down about 15 percent.
WiMAX, loosely described as “WiFi on steroids,” is finally ready for its close up.
Analysts polled by Thomson Financial expect Intel to report profits of 40 cents a share on sales of $10.84 billion after markets close Thursday.
Semiconductor giant Intel is being investigated by Andrew Cuomo, New York attorney general, his office said Thursday. The AG is probing whether Intel violated state and/or federal antitrust laws in its market-share battle with key rival Advanced Micro Devices.
At the Consumer Electronic Show in Las Vegas, Intel Chief Executive Paul Otellini spoke with Jim Goldman about the future of the semiconductor giant and the industry as a whole. The CEO waxed optimistic. "You have to remember, 75 percent of Intel's sales are non-U.S. ...And there seem to be no signs of a global 'R-word' out there," the CEO declared.
IBM says it has made a breakthrough in converting electrical signals into light pulses that brings closer the day when supercomputing, which now requires huge machines, will be done on a single chip.
Global sales of semiconductors rose by 5 percent in October from a year earlier, fueled by stronger-than-expected demand for personal computers, , the Semiconductor Industry Association said.
Memory chip maker Micron Technology Incsaid Wednesday that it was entering the market for solid-state drives for use in computer, server and networking devices, sending its shares up more than 6 percent.
Applied Materials the largest supplier of tools for making microchips, gave a profit forecast on Wednesday that was far below Wall Street expectations, sending shares down 5 percent.
Global sales of microchips are expected to increase 7.7 percent in 2008, accelerating from a raised growth forecast of 3.8 percent this year, an industry group said Wednesday.
Intel posted a 43% increase in quarterly profit, helped by higher sales of notebook personal computer microprocessors and its restructuring efforts. Shares surged after-hours.
Dutch chip equipment maker ASML said on Wednesday it received orders for 40 machines in the third quarter, broadly in line with average analyst estimates, as bookings rebounded from a second-quarter slump.