March 27- Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector. The acquisition of Altera, which makes programmable chips widely used in cellphone towers, the...» Read More
The Semiconductor Industry Association on Wednesday cut its forecast for growth in global sales of semiconductors in 2008, citing lower prices due to competition in the memory chip sector.
Analog chipmaker National Semiconductor on Thursday posted a lower fourth quarter net profit, but revenues and earnings topped expectations as it sold more profitable chips, and shares jumped.
Analog chipmaker National Semiconductor on Thursday posted a lower quarterly net profit but revenues topped its own forecast as it sold more profitable chips, and shares rose 3 percent.
The Semiconductor Industry Association said worldwide sales of semiconductors grew 5.9% in April 2007 on a year-over-year basis, but sales were flat compared with March.
The chip sector is getting attention from options traders lately, according to one industry expert, and it's most likely due to consolidation speculation.
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Shares in Hynix Semiconductor, the world's second biggest maker of memory chips, fell Tuesday on news its production of dynamic random access memory (DRAM) chips had been disrupted in a power outage.
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Samsung Electronics, the world's top maker of memory chips, on Tuesday said it would cooperate with top rivals Intel and TSMC to develop bigger silicon wafers to boost efficiency in chip manufacturing.
Hynix Semiconductor, the world's No. 2 memory chipmaker, said on Monday it raised contract prices for computer memory chips by about 15 percent last month and expected further increases in May.
Money is moving out of commodities and into growth cyclicals such as technology and financials in anticipation of an economic recovery in the second half of 2009.
Top contract chip maker TSMC posted on Tuesday a 49 percent rise in first-quarter earnings that beat expectations on rising sales of chips for PCs and consumer gadgets.
Hynix Semiconductor, the world's No. 2 memory chip maker, reported a larger-than-expected quarterly loss on Friday as chip prices remained weak, but a market recovery may be nearing.
Texas Instruments said its quarterly profit rose from a year ago, but the company lowered its guidance for the second quarter, blaming weak demand for chips used in advanced cell phones.
You'd think with the 3-plus percent rally in Texas Instruments' shares headed into tonight's earnings, this company would be plunging now, after missing numbers across the board. But that's the joy of the markets right now...
Advanced Micro Devices posted its sixth consecutive quarterly net loss as it bleeds market share to far larger rival Intel.
IBM shares are up 17% since its January earnings report. Can IBM keep it up? Read on for some of the key issues you'll need to watch when trying to answer that question.
Shares of major semiconductor companies and telecom equipment firms rose Wednesday morning as solid a first-quarter report and outlook from chip maker Intel lifted both sectors.
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.