Noel's Feed
Apr 7, 2014

Intel adjusts financial reporting to reflect mobile gadgets

SAN FRANCISCO (Reuters) – Chipmaker Intel Corp said on Monday it was adjusting its financial reporting structure to better reflect its focus on two key areas: mobile and the growing field of linking up electronic devices.

Beginning with its first-quarter report, due on April 15, Intel said it will provide revenues from its recently created Internet of Things Group, which focuses on the emerging trend of connecting everything from bathroom scales to skyscraper ventilation systems via the Internet, and a new Mobile and Communications segment.

Apr 7, 2014

Qualcomm talks up future top-tier smartphone chip

SAN FRANCISCO (Reuters) – Qualcomm gave details on Monday about a future high-end smartphone chip, including faster download speeds as well as 64-bit technology, which is quickly becoming standard.

Due to appear in smartphones in 2015, the Snapdragon 810 is Qualcomm’s latest bid to use its edge in wireless technology to maintain its marketshare lead in semiconductors for mobile devices.

Apr 3, 2014

Micron posts second-quarter profit, shares rise

SAN FRANCISCO (Reuters) – Memory chip maker Micron Technology Inc posted a larger-than-expected fiscal second-quarter net profit, helped by a strong recovery in chip prices and sending its stock higher.

Prices for DRAM chips made by Micron, Samsung Electronics and SK Hynix have bounced back from a deep memory chip price slump in 2012 that led some chipmakers to throttle back production.

Mar 31, 2014

Intel invested $740 million to buy 18 percent of Cloudera

SAN FRANCISCO (Reuters) – Intel Corp’s investment in Cloudera announced last week amounts to $740 million and gives the chipmaker an 18 percent stake in the distributor of software for crunching Big Data, Cloudera said in a press release on Monday.

The chipmaker’s investment values the startup, expected to go public later this year, at about $4.1 billion.

Mar 27, 2014

Intel takes ‘significant’ stake in Big Data startup Cloudera

SAN FRANCISCO (Reuters) – Intel Corp (INTC.O: Quote, Profile, Research) said on Thursday it made a significant investment in Cloudera and will make the fast-growing startup its preferred distributor of software for crunching Big Data.

The top chipmaker said its equity investment in Cloudera makes it the company’s single largest strategic shareholder and it comes as Intel looks to expand its server business to make up for falling sales of personal computers.

Mar 27, 2014

Intel takes stake in Big Data startup Cloudera

SAN FRANCISCO, March 27 (Reuters) – Intel Corp said
on Thursday it made a significant investment in Cloudera and
will make the fast-growing startup its preferred distributor of
software for crunching Big Data.

The top chipmaker said its equity investment in Cloudera
makes it the company’s single largest strategic shareholder and
it comes as Intel looks to expand its server business to make up
for falling sales of personal computers.

Mar 26, 2014

Intel widens agreement to manufacture chips for Altera

SAN FRANCISCO, March 26 (Reuters) – Chipmaker Altera Corp
is working with Intel Corp to combine separate
components like processors, memory and programmable chips into
customized devices in a technique aimed at reducing
manufacturing costs and improving performance.

The new agreement, to produce what are known in the
technology world as “multi-die” devices, builds on a deal
announced over a year ago for Intel to open its most advanced
factories to produce Altera’s programmable chips, Brad Howe,
Altera’s senior vice president of research and development, told
Reuters late on Tuesday.

Mar 26, 2014

Intel and Altera widen chip manufacturing agreement

SAN FRANCISCO (Reuters) – Chipmaker Altera Corp (ALTR.O: Quote, Profile, Research, Stock Buzz) is working with Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) to combine separate components like processors, memory and programmable chips into customized devices in a technique aimed at reducing manufacturing costs and improving performance.

The new venture, to produce what are known in the technology world as ‘multi-die’ devices, builds on an agreement announced over a year ago for Intel to open its cutting-edge factories to produce Altera’s programmable chips, Brad Howe, Altera’s senior vice president of research and development, told Reuters late on Tuesday.

Mar 25, 2014

Nvidia shows off high-end game cards, cloud graphics offerings

SAN JOSE, California (Reuters) – Nvidia CEO Jen-Hsun Huang debuted new and upcoming graphics technology on Tuesday including a $3,000 high-end component for PC game enthusiasts and a cloud-computing partnership with VMWare.

With the personal computer industry losing steam and the chipmaker’s move into mobile facing relentless competition, Nvidia is heavily promoting its graphics technology for a wider range of applications, including cars and data centers.

Mar 18, 2014

Oracle’s quarterly results disappoint Wall Street; shares fall

SAN FRANCISCO (Reuters) – Oracle Corp on Tuesday reported increased revenue and profit for its fiscal third quarter, but the results disappointed investors, who were looking for signs of a sustained turnaround, and its shares fell sharply.

The company said new software sales and Internet-based software subscriptions in its fiscal third quarter ended February 28 rose 4 percent from a year earlier.

    • 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."
    • Follow Noel