*HP, Analog Devices rally after results. Hewlett-Packard, Apple and chipmakers were among the largest advancers, with the PHLX semiconductor index closing up 2.1 percent to its highest since June 2001. Analog Devices jumped 5.5 percent to $54.56, leading the sector a day after posting results.» Read More
Microchip maker Spansion said it will acquire Israeli flash memory developer, Saifun Semiconductors, in a stock and cash deal valued at $368 million to expand into technology licensing business.
When you hear the names Intel, Qualcomm and Texas Instruments, healthcare isn’t the first thing that comes to mind, but that could change.
Stocks ended lower on Wednesday as strong manufacturing data released this morning offset broad declines in the tech sector. "From a technical perspective, seeing this kind of pullback is not bad, you want to see consolidation and see some base build," said Sean Brodrick, senior commodities analyst at MoneyandMarkets.com.
Memory chipmaker Micron Technology posted a quarterly loss versus a year-ago profit, hit by declines in prices for chips used in digital cameras, music players and other devices.
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.
Nvidia is rolling out a graphics microchip that will be embedded in the main collection of components that make up a personal computer, as the company goes toe to toe with Intel in the integrated graphics chip market.
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.
Intel shares slipped Friday, after a Merrill Lynch analyst downgraded the chipmaker's stock to neutral from buy.
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 raised its third-quarter revenue forecast and said global demand for computing products was stronger than expected, sending its shares up sharply.
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.
Chip maker LSI Corp. said Wednesday it will acquire a silicon and software maker for $85 million in cash to enhance its position in producing security software applications.
Intel Corp. plans to respond quickly to a U.S. Federal Trade Commission request for more information on a plan to merge its flash memory chip business with that of Switzerland's STMicroelectronics NV.
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.