Patrick Wang News
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Brian Krzanich, Intel Corp.’s next chief executive officer, said he’s already sold the company’s board on a plan to move more quickly into mobile-device chips.
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Intel Corp., the world’s largest chipmaker, named Chief Operating Officer Brian Krzanich as chief executive officer, leaning on an insider to accelerate a shift toward mobile devices as the personal-computer age wanes.
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Broadcom Corp., a maker of chips that help mobile devices connect to the Internet, rose the most since July after reporting first-quarter sales and profit that beat estimates as orders for tablet and handset parts increased.
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Nov. 19 (Bloomberg) -- Patrick Wang, an analyst at Evercore Partners Inc., and Craig Stice, senior principal analyst at IHS iSuppli, talk about Intel Corp. Chief Executive Officer Paul Otellini's plan to retire. They speak with Bloomberg's Nicole Lapin on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
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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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While Advanced Micro Devices Inc.’s management vacuum is fueling speculation of a takeover, a possible price tag of three times the average premium for semiconductor makers may deter any acquirers.
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Intel Corp. increased its cash pile by $2 billion last quarter selling the fingernail-sized chips that run the world’s personal computers, underscoring the technology industry’s ability to wring profit at an unprecedented pace.
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Advanced Micro Devices Inc. , the second-largest maker of processors for personal computers, rose in New York trading on speculation that the departure of top executives has made it an acquisition target.
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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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Nvidia Corp. shares rose on the Nasdaq Stock Market after the maker of graphics processors reported third-quarter sales and profit that topped analysts’ estimates, lifted by demand for chips used by computer gamers and designers.
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