Tristan Gerra News
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Texas Instruments Inc., the largest maker of analog chips, forecast third-quarter sales and profit that may beat the low end of analysts’ estimates, defying predictions that a weaker economy would crimp orders.
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Intel Corp., the largest semiconductor maker, demonstrated a power-sipping design called Haswell that is aimed at making the company’s chips more effective in portable computing devices.
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Intel Corp., the world’s largest semiconductor maker, forecast third-quarter sales that were lower than some analysts had estimated as an economic slowdown in China, the largest computer market, erodes demand.
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Texas Instruments Inc ., the largest analog-chip maker, forecast second-quarter revenue and profit that fell short of some analysts’ estimates as lower Japanese demand and falling mobile-phone chip sales hurt orders.
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Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 4 p.m. in New York.
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The memory-chip industry will keep a lid on capital expenditures this year, helping avoid a repeat of the production glut that plagued the industry until 2010, Micron Technology Inc. Chief Executive Officer Steve Appleton said.
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Texas Instruments Inc. , the second- biggest U.S. chipmaker, said sales and profit will be at the upper end of earlier targets, buoyed by demand for industrial machinery.
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Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 4 p.m. in New York.
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Plunging prices of computer memory chips may signal the end of a two-month rally in shares of semiconductor makers.
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For signs of the flagging health of U.S. consumer spending, look no further than Taiwan.
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