SAN FRANCISCO (Reuters) – Nvidia posted higher fiscal fourth-quarter earnings but its outlook for the current quarter missed expectations as the graphics chipmaker faces more competition in a growing tablet market where it hopes to offset soft PC demand.
With PC sales losing ground to tablets, Nvidia is betting on its graphics expertise to make high-performance processors for mobile devices.
DANA POINT, California (Reuters) – Top chipmaker Intel Corp (INTC.O: Quote, Profile, Research) plans to launch an Internet television service this year with live and on-demand content, entering a hotly competitive race as its core PC business erodes.
Shifting into an unfamiliar and potentially costly market in which Intel lacks experience and relationships, Erik Huggers, vice president and general manager of Intel Media, said he is negotiating with content providers.
, Feb 12 (Reuters) – Intel Corp
plans to launch an online television service this year that will
stream live TV as well as provide content on demand, confirming
reports that the world’s top chipmaker is getting into the media
Intel is currently negotiating deals with content providers,
Erik Huggers, vice president and general manager of Intel
Media, told the AllThingsDigital “Dive into Media” conference on
SUNNYVALE, California (Reuters) – Chipmaker Applied Micro Circuits Corp believes selling low-power processors for cloud data centers run by the likes of Facebook, Google and Amazon.com Inc could account for half of its business within three years.
AppliedMicro is one of a handful of chipmakers betting that energy-efficient microservers will become widely used in data centers and it appears to have an early advantage among rivals keen to challenge Intel.
SAN FRANCISCO, Jan 31 (Reuters) – Audience Inc
seems to be doing pretty well, even with less of Apple: the
audio technology company forecast quarterly revenue well above
Wall Street’s expectations, helped by more business from Samsung
and other smartphone makers.
Shares of Audience jumped 24 percent in after hours trading,
after the company said Thursday that it expected revenue between
$43 million and $46 million in the March quarter, versus
analysts’ average estimate of $31.8 million, according to
Thomson Reuters I/B/E/S.
SAN FRANCISCO/PARIS, Jan 30 (Reuters) – STMicroelectronics
posted a quarterly net loss and said it could need as
much as $500 million to get out of its struggling mobile chip
joint venture with Ericsson.
The European chipmaker said in its earnings report on
Wednesday it is finalizing what to do with ST-Ericsson after
announcing in December it would exit the money-losing business.
SAN FRANCISCO (Reuters) – Shares of Freescale Semiconductor Ltd (FSL.N: Quote, Profile, Research, Stock Buzz) surged on Wednesday after the chipmaker gave an upbeat revenue forecast and said it will seek to extend the maturity of $2.7 billion of its debt.
The company’s stock was up almost 14 percent after it said late on Tuesday that it was cautiously optimistic about wireless and enterprise capital spending in China and the United States, increasing speculation about a recovery in chip spending, which has been hit by a slow global economy.
SAN FRANCISCO (Reuters) – Apple Inc’s shareholders have been hit by one of the bloodiest weeks in the history of the stock, but wider fallout from such weakness might more important to the long-term value of their investments.
While Apple’s iPhones, iPads and Macs remain gold standards, signs the company is losing some of its edge in the smartphone market suggest its clout with business partners could wane.
SAN FRANCISCO, Jan 24 (Reuters) – Apple Inc stepped
up audits of working conditions at major suppliers last year,
discovering multiple cases of underage workers, discrimination
and wage problems.
The iPhone and iPad maker, which relies heavily on
Asian-based partners like China’s Foxconn Technology Group to
assemble the vast majority of its iPhones and iPads, said on
Thursday it conducted 393 audits, up 72 percent from 2011,
reviewing sites where over 1.5 million workers make its gadgets.
SAN FRANCISCO (Reuters) – SanDisk Corp’s (SNDK.O: Quote, Profile, Research, Stock Buzz) modest revenue outlook disappointed investors looking for a rebound in memory chips widely used in smartphones and tablets, sending its shares lower.
Like other memory chipmakers, SanDisk has been hurt in recent quarters by a drop in prices for NAND flash chips used in smartphones, cameras, storage drives and tablets to store data such as movies and photos.