EINDHOVEN, Netherlands _ NXP Semiconductors NV on Wednesday reported a second-quarter loss of $13 million, after reporting a profit in the same period a year earlier. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share. Ten analysts surveyed by Zacks expected $2.35 billion. » Read More
Geert-Jan Nikken at Rabobank sees plenty of upside for stocks from semiconductors and multimedia companies.
Graphics chip maker Nvidia posted a second-quarter loss on Tuesday as a slump in global desktop PC sales hurt its business.
Applied Materials, the No. 1 computer-chip equipment maker, posted a lower quarterly profit as revenue slid 28 percent amid a slump in its industry.
Intel, the world's biggest computer chipmaker, is comfortable with its forecast for revenue in the current third quarter, its chief financial officer said on Tuesday.
Newly-formed memory chip maker Numonyx announced a big expansion on Wednesday to its tie-up with South Korea's Hynix Semiconductor, as the former makes a new push into the NAND memory sector.
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Hynix Semiconductor, the world's No. 2 memory chipmaker, reported its third straight quarterly net loss on Thursday as weak chip prices and a plant closure maimed its bottom line.
Contract chip maker Chartered Semiconductor Manufacturing swung to a quarterly profit after a tax credit, but forecast a third-quarter net loss on higher costs, sending its stock down as much as 6.5 percent.
Texas Instruments said Monday its first-quarter profit fell 4 percent, missing Wall Street estimates, as sales of cell phone chips continued to fall.
SanDisk Monday reported a sharp swing to a loss in its quarterly results as pricing was hurt by an industry glut of memory chips for gadgets, sending its shares down 9 percent after-hours.
Computer chip maker Advanced Micro Devices said Thursday that Chief Executive Hector Ruiz was stepping down to be replaced by President and Chief Operating Officer Dirk Meyer, effective immediately.
Shares for graphics chipmaker Nvidia will be under pressure after the company warned on Wednesday that revenues and gross margin would miss analysts' estimates due in part to weak demand.
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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.
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