NEW YORK— Chip supplier Fairchild Semiconductor is eliminating about 1,350 jobs in the U.S. and Asia— about 15 percent of its total workforce— to reduce costs. Fairchild said it will take charges of $36 million in restructuring and $25 million in depreciation, but the closures are expected to save Fairchild $45 million to $55 million a year.» Read More
Intel reported lower earnings that matched analysts' estimates, but the company's shares took off in late trading as it gave guidance that was higher than expected.
The key number behind (underneath?) Intel's bottom line: gross profit margins. Read on to see what else you should watch in this afternoon's key earnings report.
The Dow and S&P 500 snapped a two-day losing streak Thursday, led by technology stocks after an upgrade on the chip sector.
Novellus Systems said Tuesday its first-quarter earnings would be lower than expected and its revenue would be at the low end of its forecast range, sending its shares down 5 percent.
Advanced Micro Devices said it will cut 10 percent of its work force after first-quarter sales fell more than it had expected.
Intel, the world's largest chip maker, said it isn't seeing a significant drop in demand amid the U.S. slowdown because it exports most of its chips. In fact, the slowdown has even helped Intel as the weak dollar boosts exports.
Micron Technology, the largest U.S. maker of computer memory chips, on Wednesday posted a wider quarterly loss as revenue fell and costs rose amid a persistent slump in memory chip prices.
A burgeoning solar business is going to change the way we look at this company.
The options market is gearing up to take advantage of what may be a huge run in Rambus stock following the chip maker's court victory this week.
Chip maker Texas Instruments lowered its outlook for quarterly earnings and revenue in the first quarter on weaker than expected chip demand and its shares fell as much as 5.5 percent.
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.
Skyworks makes the chips that let your cell phone do everything from send text messages to surf the web. The CEO tells Cramer how he's keeping up with such a high-growth market.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Japanese electronics conglomerate Toshiba will spend more than $6.6 billion to build a new NAND flash memory factory in northern Japan, the Asahi Shimbun reported on Thursday.
Hynix Semiconductor, the world's No. 2 memory chipmaker, posted on Friday a steep net loss, its first in 4-½ years, as memory chip prices went into a tailspin, and the outlook for the sector remains bleak in the near term.
Cell phone chip maker Texas Instruments posted a quarterly profit and outlook that signaled solid demand for its chips despite a weak U.S. economy, sending its shares up more than 3 percent.