AMD's CEO prepares chipmaker for a fight (Reuters) Reuters - Advanced Micro Devices' new chief executive delivered an enthusiastic pitch in his debut before Wall Street analysts, saying he was getting the struggling PC chipmaker "fit to fight" in a quick-changing computer industry. Intel CFO faces fewer worried investors (Reuters) Reuters - Intel Chief Financial Officer Stacy Smith likes the questions he is receiving from Wall Street these days a lot more than the concerns many investors voiced last year about the PC chip giant's ability to adapt to consumers' growing preference for smartphones and tablets. Hynix expects weaker chip shipment growth in Q1 (Reuters) Reuters - Hynix Semiconductor Inc sees mid-single digit percentage growth for shipments of dynamic random access memory (DRAM) and flash memory chips in the first quarter from the previous quarter, an executive told a conference call. Intel to buy QLogic's InfiniBand assets for $125 million (Reuters) Reuters - Chipmaker Intel Corp said it has agreed to buy networking products maker QLogic Corp's InfiniBand assets for $125 million in cash to strengthen its networking and high-performance computing capabilities. Intel 4Q earnings rise 6 percent, top St. estimate (AP)
Intel results exceed Street, capex jumps (Reuters) Reuters - Intel Corp's quarterly results modestly beat Wall Street's expectations as it faces a tough PC market, and the chipmaker said it was sharply increasing its capital expenditures in an apparent bid to speed up its entry into tablets and smartphones. Xilinx shares up after upbeat Q4 outlook (Reuters) Reuters - Chipmaker Xilinx Inc expects fourth quarter results at the mid-point of analysts' expectations, allaying investor concerns that the slowdown in the semiconductor market would continue into the new year. MEMC Struggles to Shine in a Gloomy Solar Market (The Motley Fool) The Motley Fool - MEMC Electronic Materials (NYSE: WFR - News), a supplier of silicon wafers to solar and semiconductor manufacturers, is planning to restructure its business, which would involve slashing its workforce by 20%, or 1,300 jobs. In addition, the company plans to put some of its facilities on hold in order to ride the slump in the renew...... Altera Slips, but Does It End Here? (The Motley Fool) The Motley Fool - Altera (Nasdaq: ALTR - News), the manufacturer of electronic chips, came out with its third-quarter results showing a fall in profits. This comes at a time when most of the companies in the semiconductor space are taking it on the chin. Let's take a look at how Altera is holding up. You can save this news page by submitting it to your favorite sites:
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AP - Intel Corp., the world's largest chip-maker, on Thursday said its profit rose 6 percent in the latest quarter, topping analyst expectations, even as hard-drive shortages held back PC makers' chip orders.
