(Reuters) – Intel Corp warned that hard-disk drive supply shortages would hurt its current quarter revenue, the latest heavyweight in the PC industry to caution over the effects of flooding that has crippled factories in Thailand.
Shares of Intel slumped as the world’s largest chipmaker became the latest major company to say it would be affected by the catastrophe.
SAN FRANCISCO (Reuters) – Texas Instruments (TXN.N: Quote, Profile, Research, Stock Buzz) cut its outlook for the current quarter and warned demand was broadly lower as customers reduce their inventories, sending the No. 3 chipmaker’s shares down sharply.
Weak economies in the United States and Europe have sapped demand for microchips and investors have been looking for signs of when the industry will bottom out and begin to improve.
SAN FRANCISCO (Reuters) – Police dismantled a tent city of Occupy protesters in downtown San Francisco early on Wednesday, arresting more than 50 people as they shut down the largest remaining Occupy encampment on the West Coast.
But later in Washington, D.C., hundreds of demonstrators who share the movement’s discontent with the U.S. economic system marched on the K Street area famous as a center for lobbyists, disrupting traffic.
Silicon Valley start-up SuVolta is giving the electronics industry a peek under the hood at its new technology that it claims will drastically boost the energy efficiency of microchips.
That’s something chip designers are focusing more and more on as people increasingly rely on smartphones and tablets that chew up battery charges.
SAN FRANCISCO (Reuters) Police dismantled a tent city of Occupy protesters in downtown San Francisco early on Wednesday, arresting more than 50 as they shut down the last major Occupy encampment on the West Coast.
The city had repeatedly warned the protesters to move from the public plaza at the foot of Market Street in recent weeks and tried unsuccessfully to negotiate a move to another location.
SAN FRANCISCO, Dec 6 (Reuters) – Chipmaker Broadcom’s chief executive downplayed the risk to tech sales from
Europe’s debt crisis, saying expectations have already been
lowered and that demand would stay strong in the long term.
Spending on consumer electronics and other technology has
languished in recent months and experts fear that Europe’s debt
crisis could spread to the United States and Asia and cripple
already-struggling economies around the world.
SAN FRANCISCO (Reuters) – Police erected barricades on Thursday around a San Francisco park where hundreds of anti-Wall Street protesters braced for eviction two days after failing to agree to a city plan for relocating their camp.
Occupy San Francisco is believed to be the largest of a dwindling number of West Coast protest settlements aligned with the 2-month-old national movement protesting economic inequality, after a larger group in Los Angeles was evicted earlier in the week.
Intel and Facebook are teaming up in a new program called Intel Innovators to give young people a forum to debut new ideas and give feedback on other people’s. And $100,000 a month are up for grabs to help turn winning concepts into real start-ups — as long as you’re in the United States.
SUNNYVALE, California (Reuters) – Short lead times from manufacturing customers are making it tough to predict end demand for microchips and hard to say whether an inventory correction is bottoming out, the chief executive of Maxim Integrated Products said.
Struggling economies in the United States and Europe have crimped demand for electronics and in recent months pushed many manufacturers to reduce high inventories of chips and other components.
Engineers in recent years have run into a “memory wall” as the increasing efficiency of computer processors outpaces the speed that memory chips can deliver, limiting the overall performance improvemement of high-end computers.