SAN FRANCISCO, Aug 7 (Reuters) – Nvidia Corp posted
higher fiscal second-quarter earnings on Thursday and gave a
forecast for current-quarter revenues that exceeded Wall
Street’s estimates, sending shares of the graphics chipmaker
higher in after-hours trade.
The outlook in the PC industry has brightened following news
that PC shipments were flat in the June quarter, a
SAN FRANCISCO, July 29 (Reuters) – Applied Micro Circuits
has begun shipping a new kind of low-power server chip
that might challenge heavyweight Intel in cutting-edge
The Sunnyvale, California, company disappointed Wall Street
on Tuesday with first fiscal quarter revenue and second-quarter
revenue outlook that missed expectations due to a declining
legacy business, sending its shares 4 percent lower after hours.
SAN FRANCISCO (Reuters) – Amazon.com Inc’s new “Fire” smartphone contains chips from Qualcomm Inc, NXP Semiconductors NV, and Samsung Electronics Co Ltd, according to repair and teardown specialists iFixit, which pried one open on Thursday.
The Fire phone also houses chips from Synaptics Inc and Skyworks Solutions Inc, said the repair outfit, which made a name for itself taking apart devices like Apple Inc’s iPhone and identifying its internal components.
SAN FRANCISCO (Reuters) – Amazon.com Inc’s new “Fire” smartphone, aimed at extending the online retailer’s reach, includes chips from Qualcomm Inc, NXP Semiconductors NV and Samsung Electronics Co Ltd, according to repair firm iFixit, which pried one open on Thursday.
The handset, which includes four cameras that track a user’s head movements to enable special screen effects, ships this week to customers in the United States who ordered the device.
SAN FRANCISCO (Reuters) – Qualcomm Inc’s (QCOM.O: Quote, Profile, Research, Stock Buzz) revenue outlook for the September quarter was below Wall Street’s expectations and its shares fell on Wednesday after the leading mobile chipmaker said it was having trouble collecting royalties from some manufacturers in China.
With smartphone shipments tapering off in wealthy markets such as the United States, attention has shifted to China, where a new high-speed 4G network is driving fresh demand for smartphones with leading-edge technology.
SAN FRANCISCO, July 22 (Reuters) – Broadcom Corp
said on Tuesday it is winding down its money-losing cellular
baseband chip business and cutting one-fifth of its total
workforce, instead of selling the unit.
Chief Executive Scott McGregor told analysts on a conference
call that after Broadcom said in early June it would exit
baseband and then tested the market for a possible sale, the
company decided to shut it down.
SAN FRANCISCO (Reuters) – Texas Instruments Inc said it expects higher third-quarter revenue following recently improved demand for chips used in cars, industrial equipment and communications gear.
Chief Financial Officer Kevin March said the company’s customers appeared to be holding lean inventories of chips, which should help maintain demand.
SAN FRANCISCO, July 21 (Reuters) – Texas Instruments Inc
said it expects higher third-quarter revenue following
recently improved demand for chips used in cars, industrial
equipment and communications gear.
Chief Financial Officer Kevin March said Texas Instruments’
customers appeared to be holding lean inventories of chips,
which should help maintain demand.
SAN FRANCISCO (Reuters) – Advanced Micro Devices Inc posted a net loss for the second quarter and gave a revenue forecast for the current quarter that missed expectations, sending its shares sharply lower.
AMD’s stock fell 15 percent in extended trade on Thursday after the company said it had a net loss of $36 million, or 5 cents a share, in the June quarter, compared with a loss of $74 million, or 10 cents a share, a year earlier. Excluding items, AMD earned 2 cents per share, compared with 3 cents expected by analysts.
SAN FRANCISCO, July 15 (Reuters) – Intel Corp
forecast third-quarter revenue above Wall Street’s expectations
and said it would return more cash to shareholders, signaling
that a shrinking personal computer industry may be stabilizing.
The chipmaker’s shares rose 3.9 percent in extended trade
after posting results. Intel said it increased its share buyback
program by $20 billion and plans to repurchase about $4 billion
of stock in the current quarter.