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Stock Market & Financial Investment News

News Breaks
February 26, 2013
14:00 EDTINTC, ALTR, TSM, XLNXIntel, 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, 2014
13:27 EDTINTCAT&T to hold a conference
16th Annual AT&T Cyber Security Conference will be held in New York on September 3-4 with webcast availability on September 4 at 9 am; Webcast Link
August 29, 2014
18:24 EDTINTCIntel hires senior Qualcomm executive to bolster mobile business, Reuters says
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August 27, 2014
07:43 EDTXLNXJefferies to hold a summit
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07:23 EDTINTCIntel plans high-end 'smart bracelet,' Business Insider says
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August 26, 2014
07:20 EDTINTCTablets seen declining, notebooks growing in 2014, DigiTimes says
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06:26 EDTINTCIntel looking to ship 25M tablet processors in 2H, DigiTimes reports
Intel is looking to ship 25M units of its tablet processors in 2H in a move to ship 40M units this year, sources from the upstream supply chain tell DigiTimes. The company shipped under 15M tablet processors in 1H. Reference Link
August 25, 2014
06:30 EDTINTCIntel, Chunghwa Telecom sign cooperation MOU for IoT, DigiTimes reports
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06:28 EDTTSMTSMC slated to commence 16nm volume production in 1Q15, DigiTimes reports
TSMC (TSM) is expected to start volume production of its 16nm process in 1Q15, DigiTimes reports, citing the Chinese-language Economic Daily News. The company sees monthly output of 50,000 wafers to meet demand for Apple's (AAPL) A9 processors, the report says. Reference Link
August 24, 2014
21:56 EDTINTCB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout Silicon Valley on August 25-27.
August 21, 2014
10:11 EDTTSMTaiwan expects to sell 177M shares of TSMC, Reuters reports
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August 20, 2014
13:05 EDTINTCIntel and Unity collaborate to extend Android support across Intel-based devices
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