Chip stocks fall on BofA Merrill downgrades (Reuters) Reuters - Semiconductor stocks fell sharply after BofA Merrill Lynch turned bearish on the industry and downgraded several chipmakers, including Intel Corp , citing a modest rise in inventories. BofA Merrill cuts '10 global semiconductor growth view (Reuters) Reuters - BofA Merrill Lynch lowered its 2010 growth forecast for global semiconductor industry and downgraded ten chipmakers, including Intel Corp , turning more cautious on the group on expectations of a modest overshoot in global supply chain inventories. Semtech reports 3Q loss on acquisition charge (AP) AP - Semiconductor maker Semtech Corp. on Wednesday reported a third-quarter loss due to a charge related to its acquisition of Sierra Monolithics Inc. Marvell names new board member (AP) AP - Semiconductor maker Marvell Technology Group Ltd. said Wednesday that it named Ta-lin Hsu to its board. Semtech to buy Sierra Monolithics for $180 million (AP) AP - Semiconductor maker Semtech Corp. said Wednesday that it agreed to buy fellow chipmaker Sierra Monolithics Inc. for $180 million in cash. Hands On With the Asus 1201 Ion Netbook (PC Magazine) PC Magazine - The Asus 1201 is the first Ion-based netbook that bundles a dual-core Intel Atom processor. Microsoft Office 2010: An Intriguing Beta (PC World) PC World - With the release of the Office 2010 beta, the general public finally gets to check out how Microsoft plans to deliver on its promises for the next edition of its flagship productivity suite--namely, close integration with lightweight Web versions of core apps (Excel and PowerPoint Web are the first to debut for consumers via Windows Live...... EU ombudsman rebukes EU over errors in Intel case (Reuters) Reuters - The European Ombudsman rebuked European Union regulators on Wednesday for procedural errors in their antitrust probe of Intel but the censure will not affect a 1.06 billion euro ($1.58 billion) fine against the U.S. chipmaker. Intel's Otellini Worries About PC 'Pinch Points' (PC Magazine) PC Magazine - Intel Corp Chief Executive Paul Otellini said on Tuesday the semiconductor industry may experience possible "pinch points" in the PC production chain as manufacturers ramp up to meet higher demand next year. You can save this news page by submitting it to your favorite sites:
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Reuters - Chip stocks fell on Thursday after Bank of America Merrill Lynch downgraded the sector on a possible inventory correction, although two of Europe's top chipmakers were upbeat about recovery prospects.
