Intel Corp., the world’s largest semiconductor maker, raised its forecast for second-quarter revenue and said annual sales will increase for the first time since 2011 as demand for corporate personal computers picks up.
Qualcomm Inc.’s growth prospects in the world’s largest mobile-phone market may be under threat after China’s National Development and Reform Commission began an investigation related to an anti-monopoly law.
Advanced Micro Devices Inc., the second-largest maker of personal-computer processors, rose to the highest level in six weeks as some investors bet that its largest shareholder could help avert a cash shortfall.
Intel Corp., the chipmaker that gets more than 80 percent of revenue from the personal-computer market, forecast sales that may top some analysts’ estimates as demand for server processors helped make up for a slump in PCs.
Freescale Semiconductor Holdings rose on its first trading day after its shares were priced at the bottom of a reduced range, luring buyers who bet sales of automotive chips may help the company manage its debt burden.