SAN FRANCISCO, Jan 29 (Reuters) – Broadcom Corp
posted fourth-quarter results on Thursday that exceeded Wall
Street’s expectations as the Apple supplier increased its focus
on Wi-Fi and broadband chips, sending its shares higher.
The chipmaker’s results appeared to be supported by strong
sales at key customer Apple Inc, which this week said
it sold 74.5 million iPhones in its fiscal first quarter,
SAN FRANCISCO, Jan 29 (Reuters) – Companies replacing older
PCs are increasingly choosing ones with high-end features aimed
at improved security and employee efficiency, according to a
senior Intel Corp executive.
Intel’s “vPro” processors account for a fifth of the
chipmaker’s corporate PC business and that proportion is
growing, Tom Garrison, Intel’s vice president and general
manager of business client platforms, recently told Reuters.
SAN FRANCISCO, Jan 28 (Reuters) – Qualcomm Inc
reduced its outlook for fiscal 2015, saying it expects its
newest Snapdragon mobile chip will not be used in a major
customer’s flagship smartphone, sending its shares lower.
The chipmaker said in a statement on Wednesday it expects
fiscal 2015 revenue between $26.0 billion and $28.0 billion,
down from a previous estimate of between $26.8 billion and $28.8
SAN FRANCISCO (Reuters) – Qualcomm Inc (QCOM.O: Quote, Profile, Research) reduced its outlook for fiscal 2015, saying it expects its newest Snapdragon mobile chip will not be used in a major customer’s flagship smartphone, sending its shares lower.
The chipmaker said in a statement on Wednesday it expects fiscal 2015 revenue between $26.0 billion and $28.0 billion, down from a previous estimate of between $26.8 billion and $28.8 billion.
SAN FRANCISCO (Reuters) – Freescale Semiconductor Ltd (FSL.N: Quote, Profile, Research) gave a revenue forecast for the current quarter above Wall Street’s expectations, and its shares rose 12 percent in extended trade as its chief executive pointed to growing demand from automobile makers for its chips.
The company, based in Austin, Texas, said in a statement on Tuesday that it expects net sales in the first quarter between $1.135 billion and $1.185 billion. Analysts, on average, are expecting net sales of $1.114 billion for the first quarter, which ends in March, according to Thomson Reuters I/B/E/S.
SAN FRANCISCO, Jan 26 (Reuters) – Texas Instruments Inc
reported higher fourth-quarter results on Monday and
gave a revenue outlook for the current quarter in line with
expectations, helped by growing demand for chips from the auto
The company posted fourth-quarter revenue of $3.27 billion,
up 8 percent from the year-ago period and slightly above Wall
Street forecasts as it deepened its focus on analog and embedded
SAN FRANCISCO (Reuters) – When Intel Corp (INTC.O: Quote, Profile, Research) said this month it would spend $300 million on increasing diversity in its workforce, Silicon Valley lauded its plan to improve the “pipeline” of candidates by helping more women and minorities study computer science and engineering.
But focusing too hard on the pipeline, a frequent tactic of technology firms seeking to change their workforce, will benefit the chipmaker less than working on what happens inside Intel, diversity advocates say.
SAN FRANCISCO, Jan 12 (Reuters) – Chipmaker Advanced Micro
Devices announced the departure of three senior
executives on Monday following recent layoffs and the
appointment of a new CEO.
John Byrne, General Manager of AMD’s Computing and Graphics
Business Group is leaving, as are Chief Marketing Officer
Colette LaForce and Chief Strategy Officer Raj Naik, the company
said in a press release.
(Reuters) – Leading U.S. news outlets mostly declined to show controversial cartoons of the Muslim Prophet Mohammad on Wednesday after suspected Islamist gunmen in Paris killed 12 people at the French satirical magazine Charlie Hebdo.
Online news sources the Daily Beast and Slate published the cartoons, but major U.S. publications, including the New York Times, the Wall Street Journal, Reuters and the Associated Press, did not. Some said their guidelines call for avoiding publishing images or other material intended at offending religious sensibilities.
SAN FRANCISCO (Reuters) – Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) Chief Executive Brian Krzanich showed off a computer built into a jacket button and a wristband that transforms into a selfie-snapping flying camera, as the chipmaker extends its push into smart wearable gadgets.
Speaking at the Consumer Electronics Show in Las Vegas on Tuesday, Krzanich also announced a five-year, $300 million investment in math-related education and other programs to help employ more women and minorities in the technology and the video game industries.