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Jan 6, 2014

Nvidia CEO talks up mobile chips with brawny PC graphics

LAS VEGAS (Reuters) – Chipmaker Nvidia Corp gave new details of an upcoming chip with beefed-up graphics for mobile gadgets and cars as it faces a slowing personal computer industry and harsh competition in smartphones and tablets.

The K1 is Nvidia’s first mobile chip to incorporate the Kepler graphics technology the company uses in the high-end components it makes for PC game enthusiasts, Chief Executive Jen-Hsun Huang told reporters at an event in Las Vegas on Sunday ahead of the Consumer Electronics Show.

Dec 19, 2013

Oracle’s quarterly results offer hints of recovery

SAN FRANCISCO (Reuters) – Oracle Corp’s better-than-expected results and quarterly revenue outlook spurred cautious hope on Wednesday that the software maker is on track to revive growth curtailed this year by slow IT spending.

The No. 2 software maker posted fiscal-second-quarter results that exceeded expectations, while its outlook for third-quarter earnings was in line with Wall Street estimates.

Dec 18, 2013

Oracle’s quarterly results top Wall Street expectations

SAN FRANCISCO (Reuters) – Oracle Corp (ORCL.N: Quote, Profile, Research) gave a quarterly report on Wednesday that created cautious hope of recovery in the software maker’s growth.

The No. 2 software maker has been hurt by weak global IT spending and a move by some of its customers to less expensive software offered by rivals. But the company posted fiscal-second-quarter results that exceeded expectations, while its outlook for third-quarter earnings was in line with Wall Street estimates.

Dec 18, 2013

Oracle’s quarterly results exceed Wall Street expectations

SAN FRANCISCO (Reuters) – Oracle Corp on Wednesday reported revenue and earnings for the fiscal second quarter that exceeded expectations on Wall Street and stoked hopes of recovery in the software maker’s growth.

The No. 2 software maker has been hurt by weak global IT spending and a move by some of its customers to less expensive software offered by rivals.

Dec 16, 2013

Flash storage provider Violin Memory fires CEO amid losses

By Noel Randewich

(Reuters) – Flash storage provider Violin Memory Inc’s board fired its CEO in the wake of a sour IPO and deeper-than-expected quarterly losses, sending its shares sharply higher.

In a news release on Monday, the maker of memory arrays for data centers named chairman Howard Bain III interim CEO and said its board has started a process to find a permanent replacement.

Dec 13, 2013

Qualcomm promotes Mollenkopf to CEO, ends Microsoft talk

SAN FRANCISCO, Dec 13 (Reuters) – Qualcomm Inc, the
world’s biggest maker of cellphone chips, unexpectedly named
Chief Operating Officer Steve Mollenkopf as chief executive on
Friday following speculation that he might be poached to run
Microsoft Corp.

The replacement of current CEO Paul Jacobs, the 51-year-old
son of a Qualcomm co-founder, was prompted by concerns that
Microsoft might hire Mollenkopf to succeed retiring CEO Steve
Ballmer, said a source at one of the companies who was not
authorized to discuss the issue publicly.

Dec 13, 2013

Qualcomm names COO Mollenkopf CEO, ending Microsoft talk

SAN FRANCISCO (Reuters) – Qualcomm Inc, the world’s biggest maker of cellphone chips, unexpectedly named Chief Operating Officer Steve Mollenkopf as chief executive on Friday following speculation that he might be poached to run Microsoft Corp.

The replacement of current CEO Paul Jacobs, the 51-year-old son of a Qualcomm co-founder, was prompted by concerns that Microsoft might hire Mollenkopf to succeed retiring CEO Steve Ballmer, said a source at one of the companies who was not authorized to discuss the issue publicly.

Dec 9, 2013

Texas Instruments narrows quarterly forecast in slow economy

SAN FRANCISCO, Dec 9 (Reuters) – Chipmaker Texas Instruments
Inc narrowed its fourth-quarter forecast on Monday
following concerns on Wall Street that demand was not improving
as much as previously expected.

The company, seen as a barometer of the chip industry
because it makes components for a variety of markets, said in a
statement that it now estimates earnings of 44 cents to 48 cents
per share on revenue of $2.92 billion to $3.04 billion for the
quarter ending in December.

Dec 9, 2013

Texas Instruments narrows quarterly forecast

SAN FRANCISCO (Reuters) – Chipmaker Texas Instruments Inc (TXN.O: Quote, Profile, Research, Stock Buzz) narrowed its fourth-quarter forecast on Monday following concerns on Wall Street that demand was not improving as much as previously expected.

The company said in a statement that it now estimates earnings of 44 cents to 48 cents per share on revenue of $2.92 billion to $3.04 billion for the quarter ending in December.

Dec 9, 2013

Qualcomm plans smartphone chips with 64-bit technology

SAN FRANCISCO (Reuters) – Qualcomm Inc said on Monday it will make smartphone chips with 64-bit features typically found in personal computers, following Apple Inc and opening the way to more efficient mobile gadgets.

Qualcomm said its new Snapdragon 410 component will also include 4G cellphone connectivity technology and be aimed at the fast-growing Chinese market, where it should start appearing in low-cost smartphones in the second half of 2014.

    • 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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