FREMONT, Calif. _ Mattson Technology Inc. on Thursday reported second-quarter profit of $2.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.» Read More
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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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.