Daniel Berenbaum News
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Advanced Micro Devices Inc., the No. 2 maker of personal-computer processors, forecast second- quarter sales that may surpass some analysts’ estimates as it generates more revenue from outside the slumping PC market.
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Daniel Berenbaum, an analyst at MKM Partners LLC, said Qualcomm Inc. is his “single best buy” as the largest seller of mobile-phone semiconductors benefits from price increases and surging demand for Web-enabled handsets.
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Intel Corp. is girding for a third straight quarter of falling sales, highlighting the chipmaker’s struggle to adapt in a world swiftly embracing mobile devices and leaving behind the personal-computer industry it dominates.
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EZchip Semiconductor Ltd., the Israeli chipmaker that jumped to a record in New York yesterday to trade double the valuation of the average Nasdaq company, still has room to rally, according to MKM Partners LLC.
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Intel Corp., the world’s largest semiconductor maker, unveiled chips and technology designed to help it benefit from the shift to smartphones and tablets, away from personal computers.
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Advanced Micro Devices Inc. is looking for a leader to replace ousted Chief Executive Officer Dirk Meyer who can do a better job combating Intel Corp. and getting chips into new devices.
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Intel Corp., the world’s largest semiconductor maker, slashed its third-quarter sales forecast, citing declining demand for personal computers from corporate customers in a weakening economy.
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Micron Technology Inc., the largest U.S. maker of computer-memory chips, reported its second consecutive quarterly loss as prices declined amid lackluster demand for personal computers.
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Nvidia Corp., a maker of graphics processors, reported fiscal third-quarter earnings that topped analysts’ estimates as it grabbed market share and won orders for chips used in tablet computers.
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Qualcomm Inc., the biggest maker of mobile-phone chips, rose the most in more than 15 months after forecasting higher fiscal 2012 sales than analysts had predicted, adding to evidence of robust demand for smartphones.
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