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01 Apr, 2020
Chip Stocks Fall After Texas Instruments, STMicro Report Slowing Demand
Semiconductor stocks slumped on Wednesday after Texas Instruments Inc. (NASDAQ: TXN) and Franco-Italian chipmaker STMicroelectronics NV (NYSE: STM) warned of slowing demand.While TI shares were down 6% in premarket trading, STMicro's stock ..
Synopsys Tops Q3 Earnings and Revenue Estimates
Synopsys Inc. (NASDAQ: SNPS) reported better-than-expected quarterly results and forecast fourth-quarter results above Wall Street estimates on Wednesday, as the maker of chip design software benefits from rising demand from semiconductor clients.Th..
Apple With Plans to Move Power Management Chips in-house, Cuts Orders from Dialog
Dialog Semiconductor, Apple Inc. (NASDAQ: AAPL) main provider for power management chips, announced that Apple planned to source the main power management chips (PMICs) for one of its three new iPhone models from two suppliers instead of just them. ..
AMD Shares Skyrocket After Topping Q1 Estimate
AMD Inc. (NASDAQ: AMD) announced its first quarter financial results after the closing bell on Wednesday and topped Wall Street’s estimates in both revenue and earnings. Shares rose by 12.46 percent during Thursday’s pre-market hour..
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