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Stock Market & Financial Investment News

News Breaks
February 26, 2013
14:00 EDTALTR, XLNX, INTC, TSMIntel, Altera advance after announcing semiconductor pact
Intel (INTC) and Altera (ALTR) are climbing after the two companies last night announced that Altera had agreed to use Intel's 14 nanometer tri-gate transistor technology to develop its programmable semiconductors. Altera's semiconductors target ultra high-performance systems for military, wireline communications, cloud networking, and compute and storage applications, the companies stated. "Next-generation products from Altera require the highest performance and most power-efficient technology available, and Intel is well positioned to provide the most advanced offerings," Intel COO Brian Krzanich stated. In a note to investors earlier today, Citigroup analyst Glen Young wrote that the deal is positive for both Intel and Altera. Intel obtained its first deal to develop semiconductors for another company at healthy margins, while Altera gained access to differentiating technology, Young believes. Intel's tri-gate technology is expected to deliver a 50% decrease in active power consumption, a 10x reduction in idle power consumption, and/or a 37% improvement in chip performance, the analyst explained. Meanwhile, the deal may carry margins as high as the mid-50s percentage range for Intel, added Young. One company that may not look favorably upon the deal is Taiwan Semiconductor Manufacturing Co. (TSM). The latter company has dominated semiconductor development and develops semiconductors for Altera, Stifel Nicolaus analyst Patrick Ho wrote in a note to investors earlier today. If Intel chooses to enter full force into the business of developing semiconductors for other companies, TSM would lose its edge in this business, Ho believes. In mid-afternoon trading, Intel climbed 2.70% to $20.80, Altera rose 2.8% to $36, and Taiwan Semiconductor fell 2.5% to $17.75. Meanwhile, Xilinx (XLNX), which also develops programmable semiconductors, lost 2% to $36.60.
News For INTC;ALTR;TSM;XLNX From The Last 14 Days
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August 31, 2015
09:09 EDTINTCMP Associates to hold a conference
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09:07 EDTINTCB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout the Silicon Valley visiting various local tech companies on August 31-September 3.
07:21 EDTALTR, INTCIntel upgraded to Outperform from Market Perform at Northland
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07:18 EDTINTCIntel set for long-term growth in data centers, IoT, says Canaccord
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August 30, 2015
12:33 EDTINTCDividend-rich blue chips look attractive amid market volatility, Barron's says
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August 28, 2015
16:00 EDTINTCOptions Update; August 28, 2015
iPath S&P 500 VIX Short-Term Futures up 2.06 to 26.77 Option volume leaders: AAPL FB BAC FCX NFLX RIG INTC TSLA CVX
August 27, 2015
06:19 EDTINTCIntel Capital invests over $60M in Yuneec Holding
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05:53 EDTINTCIC demand for notebooks picking up, DigiTimes reports
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August 26, 2015
07:52 EDTINTCUBS to hold a tour
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05:52 EDTTSMStocks with implied volatility movement; TSM MNKD
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August 25, 2015
17:50 EDTTSMFormer TSMC employee may have leaked secrets to Samsung, China Post says
The Taiwanese Supreme Court has barred a former TSMC (TSM) employee from working for Samsung (SSNLF) following claims that he leaked trade secrets to the Korean firm, reports the China Post. According to evaluations of computer chips from the two companies, differences in chip technology between Samsung and TSMC have quickly decreased in recent years, the report noted. Reference Link
15:25 EDTTSMTSMC to cease solar manufacturing operations
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11:43 EDTINTCIntel management to meet with MKM Partners
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09:35 EDTINTCActive equity options trading on open
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07:35 EDTINTCIntel makes additional equity investment in BlueData
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August 24, 2015
06:34 EDTINTCIntel leads $100M funding round for Mirantis, WSJ reports
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06:22 EDTTSMTSMC pursuing 16nm chip orders, DigiTimes reports
According to market sources, DigiTimes reports that TSMC (TSM) has been "actively" seeking 16nm FinFET chip orders. In addition to securing a portion of Apple's (AAPL) A9 chip orders, TSMC has also received orders from AMD (AMD), Broadcom (BRCM), LG, Nvidia (NVDA) and Avago (AVGO), the sources say, noting that TSMC failed to maintain orders for Qualcomm's (QCOM) flagship mobile chips, as it has placed orders for the Snapdragon 820 series with Samsung (SSNLF). Reference Link
August 23, 2015
14:23 EDTINTCApple, Micron shares look like bargains, Barron's says
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August 21, 2015
10:37 EDTINTCAnalysts upbeat on HP ahead of split after earnings beat
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08:54 EDTINTCIntel price target lowered to $25 from $32 at Baird
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