Semiconductors
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Analog chipmaker National Semiconductor reported quarterly results in line with lowered expectations, while fellow chipmaker Marvell Technology reversed its quarterly loss from last year.
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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.
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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.
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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.
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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.
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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.
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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?"
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Intel shares took a nosedive Wednesday after the chip maker posted fourth-quarter results and a first-quarter outlook behind Wall Street targets.
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Intel posted fourth-quarter results and a first-quarter outlook behind Wall Street targets, sending its shares down about 15 percent.
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WiMAX, loosely described as “WiFi on steroids,” is finally ready for its close up.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.