Noel's Feed
Jun 25, 2014

Chipmaker Audience buys startup to boost smartphone sensor technology

SAN FRANCISCO (Reuters) – Chipmaker Audience Inc (ADNC.O: Quote, Profile, Research, Stock Buzz) is acquiring a Silicon Valley startup in hopes of helping build smartphones that can figure out what you need at any time of the day, or even how you’re sleeping at night.

Audience announced late on Tuesday it is paying $41 million for Sensor Platforms, which creates algorithms that help analyze data from sensors on smartphones and other mobile devices.

Jun 23, 2014

Micron earnings beat forecasts, better PC sales fuel memory chip demand

SAN FRANCISCO, June 23 (Reuters) – Memory chipmaker Micron
Technology Inc posted fiscal third-quarter results above
expectations and said pent up demand for personal computers is
fueling demand for its DRAM chips.

The U.S.-chipmaker gave a quarterly revenue forecast that
also exceeded analysts’ estimates but its recently high-flying
stock was marginally lower in after hours trade.

Jun 20, 2014

Oracle’s quarterly results deepen cloud concerns, stock drops

SAN FRANCISCO (Reuters) – Oracle Corp on Thursday posted fiscal fourth-quarter results that disappointed investors looking for more progress against rivals selling web-based services, sending its shares lower.

Reflecting expectations of a pickup in its software business and progress in cloud computing, shares of Oracle had gained 10 percent over the past three months, double the S&P 500′s increase.

Jun 19, 2014

Oracle’s quarterly results disappoint Wall Street, stock drops

SAN FRANCISCO (Reuters) – Oracle Corp on Thursday posted fiscal fourth-quarter revenue and new software sales that disappointed Wall Street, sending its shares lower.

Reflecting expectations of a pickup in its software business and progress in cloud computing, shares of Oracle had gained 10 percent over the past three months, double the S&P 500′s increase.

Jun 19, 2014

Intel launches messaging app using cartoons to mimic sender’s face

SAN FRANCISCO (Reuters) – Intel Corp is getting into voice instant messaging with a smartphone app that uses facial tracking technology to caricature a sender’s expressions.

Pocket Avatars was launched on Thursday by Mike Bell, an Intel senior executive whose job is to make sure the world’s largest semiconductor maker is at the front of future technology trends after arriving disastrously late to smartphones and tablets.

Jun 18, 2014

Intel woos Internet heavyweights with flexible server chips

SAN FRANCISCO (Reuters) – Intel Corp is taking a new approach to the powerful server chips it sells to Internet heavyweights like Facebook and Google.

The Santa Clara, California company is integrating its Xeon processors with programmable chips that will give customers with unique technical requirements more flexibility to optimize their servers.

Jun 16, 2014

SanDisk to buy Fusion-io to boost flash storage business

June 16 (Reuters) – SanDisk Corp said on Monday it
will buy Fusion-io Inc for about $1.1 billion to bolster
its fast-growing business of providing flash storage drives to
companies.

Fusion-io has struggled with losses since its initial public
offering in 2011, but SanDisk sees its technology as a major
component for its own lineup of storage products. SanDisk is
using its NAND memory chips to build and sell its own
solid-state drives. The flash drives offer higher margins than
SanDisk’s traditional business of selling memory chips for
smartphones and cameras.

Jun 13, 2014

Silicon Valley’s latest perk: World Cup viewing parties at work

SAN FRANCISCO, June 13 (Reuters) – Theme lunches, giant TVs and viewing parties. Silicon Valley may be far from the World Cup in Brazil but tech employees are getting in on the globe’s most prestigious soccer event.

Twitter, LinkedIn and Nvidia are among several tech companies airing matches in their offices during the next month and encouraging employees to follow the action.

Jun 13, 2014

Intel raises outlook on stronger PC demand

SAN FRANCISCO (Reuters) – Chipmaker Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) on Thursday raised its outlook for the second quarter and the full year, citing stronger-than-expected demand for personal computers used by businesses.

Shares of Intel jumped more than 4 percent in extended trade as the chipmaker’s improved forecast lifted hopes for a PC industry that been shrinking due to consumers’ preferences for tablets and smartphones.

Jun 12, 2014

Intel raises outlook on stronger PC demand, shares jump

SAN FRANCISCO (Reuters) – Chipmaker Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) on Thursday raised its outlook for the second quarter and the full year, citing stronger-than-expected demand for personal computers used by businesses.

Shares of Intel jumped more than 4 percent in extended trade as the chipmaker’s improved forecast lifted hopes for a PC industry that been shrinking due to consumers’ preferences for tablets and smartphones.

    • 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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