Intel Corp., seeking a replacement for departing Chief Executive Officer Paul Otellini, needs a candidate with credentials internal contenders lack: a record of success in the market for mobile-device semiconductors.
Texas Instruments Inc., the second- largest U.S. chipmaker, predicted sales and profit that topped analysts’ estimates, helped by demand for semiconductors used in industrial machinery, phone networks and cars.
Oracle Corp. , building on a run of more than 65 acquisitions during the past five years, is looking to purchase semiconductor companies and makers of industry- specific software, Chief Executive Officer Larry Ellison said.
Broadcom Corp., a maker of communications chips used by Apple Inc. and Samsung Electronics Co., reported fourth-quarter revenue and profit that topped estimates, buoyed by sales of chips for phone networks.
Micron Technology Inc. , the largest U.S. maker of computer-memory chips, posted second-quarter sales and profit that beat analysts’ estimates on increasing demand for chips used to store data on mobile phones and tablets.