Noel's Feed
Oct 14, 2014

Intel gives rosy fourth-quarter revenue forecast as PCs recover

SAN FRANCISCO (Reuters) – Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) gave a current-quarter revenue forecast above expectations as demand for personal computers recovered.

A global slump in personal computer demand that began with Apple Inc’s (AAPL.O: Quote, Profile, Research, Stock Buzz) launch of the iPad four years ago has stabilized in recent months, in part due to companies replacing employees’ older laptops.

Oct 8, 2014

Chipmaker AMD replaces CEO amid loss of market share

Oct 8 (Reuters) – Advanced Micro Devices said Chief
Operating Officer Lisa Su would immediately replace Rory Read as
chief executive officer as the chipmaker expands beyond its core
personal computer market, sending its shares down 5 percent in
extended trading.

The transition comes just three years into Read’s tenure as
CEO and while analysts applauded the leadership change, some of
them were surprised at the timing.

Oct 8, 2014

Apple says surprised by GT’s bankruptcy filing

SAN FRANCISCO, Oct 8 (Reuters) – Apple Inc said on
Wednesday it was surprised by supplier GT Advanced Technologies
Inc’s bankruptcy filing this week, and is now
considering its next steps.

GT Advanced, slated to supply scratch-resistant sapphire
displays from a new Arizona factory Apple is helping bankroll,
filed for bankruptcy on Monday but has offered little
explanation as to why.

Oct 8, 2014

GT Advanced bankruptcy offers warning to Apple suppliers

SAN FRANCISCO/TOKYO (Reuters) – The financial implosion of Apple Inc (AAPL.O: Quote, Profile, Research, Stock Buzz) supplier GT Advanced Technologies Inc this week offers a dramatic illustration of how the iPhone maker can put the screws to suppliers willing to take a short-term risk for future riches.

    GT Advanced has offered little explanation as to what prompted its surprise bankruptcy filing on Monday. The company also did not respond to requests for comment.

Oct 1, 2014

HP sees low-power servers making inroads in niche data centers

SAN JOSE California (Reuters) – Hewlett-Packard Co’s vice president of server engineering expects new lower-power servers made with technology from ARM Holdings to make inroads in niche data centers over the next year in a market dominated by Intel Corp.

“Penetration is very low right now because we’re starting from zero. But the take-up is pretty encouraging,” Tom Bradicich said.

Sep 30, 2014

Larry Ellison still the top draw at Oracle’s mega-convention

SAN FRANCISCO (Reuters) – Larry Ellison was the main draw for tens of thousands of technology professionals at Oracle Corp’s annual conference in San Francisco on Tuesday, where he joked about losing his name after relinquishing his role as the company’s CEO.

Ellison, who this month gave up his position as chief executive of the enterprise software behemoth he co-founded 37 years ago, stuck to his tradition of delivering the main presentation at Oracle OpenWorld.

Sep 26, 2014

Intel to invest up to $1.5 bln in two Chinese mobile chipmakers

BEIJING/SAN FRANCISCO, Sept 26 (Reuters) – Intel Corp
said it will pay as much as $1.5 billion for a 20
percent stake in two mobile chipmakers with ties to the Chinese
government, in the hopes of catching up in a smartphone chip
industry dominated by rival Qualcomm Inc.

Intel will acquire the stake in Spreadtrum Communications
and RDA Microelectronics through a deal with Tsinghua Unigroup,
a government-affiliated private equity firm which owns the two
mobile chipmakers.

Sep 26, 2014

Intel investing in China mobile chipmakers: sources

BEIJING/SAN FRANCISCO (Reuters) – Intel Corp is close to announcing an investment in Chinese-government affiliated mobile chipmakers Spreadtrum Communications and RDA Microelectronics, its latest move to catch up in a smartphone chip industry led by Qualcomm Inc, according to two sources with knowledge of the plan.

It was unclear how much Intel is paying or what portion of the companies the U.S. chipmaker is buying. The acquisition could be made through Tsinghua Unigroup, a government-affiliated private equity firm controlled by Tsinghua University in Beijing, one of the sources said. Tsinghua Unigroup owns Spreadtrum and RDA.

Sep 25, 2014

Micron Technology’s fourth-quarter report beats expectations, boosts stock

SAN FRANCISCO (Reuters) – Memory chipmaker Micron Technology Inc posted fiscal fourth-quarter results and a revenue outlook that impressed Wall Street as signs of stabilization in the personal computer industry supported demand for DRAM chips.

Micron’s shares surged over 4 percent in extended trade after the release of its revenue forecast and said it has seen strong demand from personal computer manufacturers. The company has been locking in DRAM prices with its largest customers, Micron president Mark Adams told analysts on a conference call.

Sep 25, 2014

Micron Technology’s 4th-qtr report beats expectations, boosts stock

SAN FRANCISCO, Sept 25 (Reuters) – Memory chipmaker Micron
Technology Inc posted fiscal fourth-quarter results and a
revenue outlook that impressed Wall Street as signs of
stabilization in the personal computer industry supported demand
for DRAM chips.

Micron’s shares surged over 4 percent in extended trade
after the release of its revenue forecast and said it has seen
strong demand from personal computer manufacturers. The company
has been locking in DRAM prices with its largest customers,
Micron president Mark Adams told analysts on a conference call.

    • 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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