Noel's Feed
Aug 29, 2014

Exclusive: Intel hires senior Qualcomm exec to boost mobile business

SAN FRANCISCO (Reuters) – Chipmaker Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) has hired Amir Faintuch, a senior executive at rival Qualcomm Inc (QCOM.O: Quote, Profile, Research, Stock Buzz), to step up efforts in mobile and Internet-connected gadgets.

Hiring a senior executive from a major competitor is rare for Intel, which is known in Silicon Valley for its insular culture, and it reflects the eagerness of the Santa Clara, California, chipmaker to improve its struggling mobile business.

Aug 7, 2014

Nvidia’s third-quarter revenue outlook exceeds expectations

SAN FRANCISCO (Reuters) – Nvidia Corp (NVDA.O: Quote, Profile, Research, Stock Buzz) posted higher fiscal second-quarter earnings on Thursday and gave a forecast for current-quarter revenues that exceeded Wall Street’s estimates, sending shares of the graphics chipmaker higher in after-hours trade.

The outlook in the PC industry has brightened following news that PC shipments were flat in the June quarter, a better-than-expected result.

Aug 7, 2014

Nvidia’s 3rd-qtr revenue outlook exceeds expectations

SAN FRANCISCO, Aug 7 (Reuters) – Nvidia Corp posted
higher fiscal second-quarter earnings on Thursday and gave a
forecast for current-quarter revenues that exceeded Wall
Street’s estimates, sending shares of the graphics chipmaker
higher in after-hours trade.

The outlook in the PC industry has brightened following news
that PC shipments were flat in the June quarter, a
better-than-expected result.

Jul 30, 2014

Applied Micro ships microserver chips in challenge to Intel

SAN FRANCISCO, July 29 (Reuters) – Applied Micro Circuits
has begun shipping a new kind of low-power server chip
that might challenge heavyweight Intel in cutting-edge
data centers.

The Sunnyvale, California, company disappointed Wall Street
on Tuesday with first fiscal quarter revenue and second-quarter
revenue outlook that missed expectations due to a declining
legacy business, sending its shares 4 percent lower after hours.

Jul 25, 2014

Amazon’s ‘Fire’ smartphone contains chips from Qualcomm, Samsung, NXP

SAN FRANCISCO (Reuters) – Amazon.com Inc’s new “Fire” smartphone contains chips from Qualcomm Inc, NXP Semiconductors NV, and Samsung Electronics Co Ltd, according to repair and teardown specialists iFixit, which pried one open on Thursday.

The Fire phone also houses chips from Synaptics Inc and Skyworks Solutions Inc, said the repair outfit, which made a name for itself taking apart devices like Apple Inc’s iPhone and identifying its internal components.

Jul 24, 2014

Amazon’s ‘Fire’ smartphone has chips from Qualcomm, Samsung, NXP

SAN FRANCISCO (Reuters) – Amazon.com Inc’s new “Fire” smartphone, aimed at extending the online retailer’s reach, includes chips from Qualcomm Inc, NXP Semiconductors NV and Samsung Electronics Co Ltd, according to repair firm iFixit, which pried one open on Thursday.

The handset, which includes four cameras that track a user’s head movements to enable special screen effects, ships this week to customers in the United States who ordered the device.

Jul 23, 2014

Qualcomm struggles to collect royalties in China, stock falls

SAN FRANCISCO (Reuters) – Qualcomm Inc’s (QCOM.O: Quote, Profile, Research, Stock Buzz) revenue outlook for the September quarter was below Wall Street’s expectations and its shares fell on Wednesday after the leading mobile chipmaker said it was having trouble collecting royalties from some manufacturers in China.

With smartphone shipments tapering off in wealthy markets such as the United States, attention has shifted to China, where a new high-speed 4G network is driving fresh demand for smartphones with leading-edge technology.

Jul 22, 2014

Broadcom cuts 2,500 jobs in wind-down of baseband unit

SAN FRANCISCO, July 22 (Reuters) – Broadcom Corp
said on Tuesday it is winding down its money-losing cellular
baseband chip business and cutting one-fifth of its total
workforce, instead of selling the unit.

Chief Executive Scott McGregor told analysts on a conference
call that after Broadcom said in early June it would exit
baseband and then tested the market for a possible sale, the
company decided to shut it down.

Jul 21, 2014

Texas Instruments expects higher quarterly revenue, says markets OK

SAN FRANCISCO (Reuters) – Texas Instruments Inc said it expects higher third-quarter revenue following recently improved demand for chips used in cars, industrial equipment and communications gear.

Chief Financial Officer Kevin March said the company’s customers appeared to be holding lean inventories of chips, which should help maintain demand.

Jul 21, 2014

Texas Instruments expects higher current-quarter revenue

SAN FRANCISCO, July 21 (Reuters) – Texas Instruments Inc
said it expects higher third-quarter revenue following
recently improved demand for chips used in cars, industrial
equipment and communications gear.

Chief Financial Officer Kevin March said Texas Instruments’
customers appeared to be holding lean inventories of chips,
which should help maintain demand.

    • About Noel

      "Based in Thomson Reuters' San Francisco news bureau, Noel Randewich covers the semiconductor industry and the growing use of microchips in everything from smartphones to home energy management. Prior to his San Francisco posting, Mr Randewich spent a decade covering emerging markets news in Mexico City."
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