Qualcomm and NXP Semiconductors are nearing the conclusion of a deal, and have agreed Qualcomm will pay $110 a share for NXP.
TAIPEI, Oct 21- Taiwan stocks retreated on Friday on profit-booking in recent gainers such Taiwan Semiconductor Manufacturing Co. As of 0314 GMT, the main TAIEX index was down 0.2 percent at 9,301.87 points. The Taiwan dollar softened T $0.147 to T $31.677 per U.S. dollar.
CNBC's Seema Mody reports on Advanced Micro Devices Inc. after-hours and fourth-quarter guidance.
Oct 20- Chipmaker Advanced Micro Devices Inc reported a better-than-expected 23.2 percent increase in quarterly revenue, helped by higher demand for graphics chips used in gaming consoles. Net loss widened to $406 million, or 50 cents per share, in the third quarter ended Sept. 24 from $197 million, or 25 cents per share, a year earlier. The company's revenue rose to...
Oct 20- Chipmaker Advanced Micro Devices Inc reported a 23.2 pct percent rise in quarterly revenue as demand jumped for its graphics chips used in gaming consoles. Net loss widened to $406 million, or 50 cents per share, in the third quarter ended Sept. 24 from $197 million, or 25 cents per share, a year earlier. The company's revenue rose to $1.31 billion from $1.06...
TAIPEI, Oct 20- Taiwan stocks hit their highest in more than 15 months on Thursday aided by foreign investor buying in heavyweights such as Taiwan Semiconductor Manufacturing Co. As of 0304 GMT, the main TAIEX index was up 0.4 percent at 9,322.19, highest since July 7, 2015. The Taiwan dollar firmed T $0.002 to T $31.516 per U.S. dollar.
Shares of Intel fall 5 percent after the company projected fourth-quarter sales that will be lower than expected.
Chris Caso, CLSA managing director breaks down Intel's quarterly results and explains why the Street was disappointed with the results. Also Caso provides an update on the company's restructuring plans.
The "Fast Money" traders debated whether Intel is a buy after the company gave current-quarter guidance that slightly missed expectations.
The world's largest chipmaker said it expects fourth-quarter revenue to be $15.7 billion, plus or minus $500 million. Excluding items, the company earned 80 cents per share, above analysts' average estimate of 73 cents. The company's net revenue rose to $15.78 billion from $14.47 billion, beating the average analyst estimate of $15.58 billion.
Earnings are out for Intel Corp. CNBC's Josh Lipton reports the details. CNBC senior markets commentator Mike Santoli; Dani Hughes, Divine Capital; and “Fast Money” trader Guy Adami weigh in.
Analysts are expecting the semiconductors space to build on its recent success and continue driving shares higher.
TAIPEI, Oct 17- Taiwan stocks fell on Monday on continued selling by foreign investors, and weighed down by heavyweights such as Taiwan Semiconductor Manufacturing Co. Foreign investors posted a net sell of Taiwan stocks on Friday. The Taiwan dollar softened T $0.123 to T $31.795 per U.S. dollar.
Advanced Micro Devices saw shares of its stock rise nearly 5 percent on Friday after it announced a collaboration with Alibaba.
TAIPEI, Oct 14- Taiwan shares fell on Friday, dragged down by technology stocks including Taiwan Semiconductor Manufacturing Co Ltd, as investors booked profits after the chipmaker reported earnings. As of 0232 GMT, the main TAIEX index fell 0.4 percent to 9,183.38 points, after closing down 0.4 percent in the previous session. The Taiwan dollar firmed T $0.08 to...
Oct 4- Memory-chip maker Micron Technology Inc reported a smaller-than-expected quarterly loss, but its forecast for the current quarter appeared disappointing and Micron's shares fell as much as 5.2 percent in after-market trading on Tuesday. The company forecast fiscal first-quarter adjusted profit of 13 to 21 cents per share, while analysts were...
BRIEF-TSMC RAISES 2016 REVENUE GROWTH GUIDANCE TO 11-12 PCT@. Oct 13- Taiwan Semiconductor Manufacturing Co:. *Says 2016 revenue expected to grow 11 percent to 12 percent in Taiwan dollar terms.
TAIPEI, Oct 6- Taiwan stocks fell for a second straight session on Thursday in cautious trading, paced by declines in banks and technology heavyweights such as Taiwan Semiconductor Manufacturing Co. The main TAIEX index was down 0.3 percent at 9,247.97 as of 0305 GMT after closing 0.2 percent lower at 9,272.28 in the previous session. The Taiwan dollar softened...
The "Fast Money Halftime Report" traders and Yana Barton, Eaton Vance Management Portfolio Manager, discuss the trade on Broadcom after Bernstein initiated the company with an outperform and $215 price target.
Micron's forecast for the current-quarter appeared disappointing and Micron's shares fell as much as 5.2 percent in after-market trading on Tuesday.