51.42 -0.30 (-0.58%)
Pre-Market: 8:00AM EDT
|Bid||51.40 x 1100|
|Ask||51.64 x 800|
|Day's Range||51.47 - 51.97|
|52 Week Range||34.38 - 57.60|
|PE Ratio (TTM)||22.43|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||1.20 (2.31%)|
|1y Target Est||58.87|
CNBC's Jon Fortt looks at how companies survive a scandal and avoid a public relations crisis in the age of digital technology.
CNBC's Josh Lipton reports on Intel celebrating its 50th anniversary and the process of finding a new chief executive officer after the departure of Brian Krzanich.
The chief executives of three semiconductor companies have stepped down in the span of one month, in what appears to be a #MeToo-inspired and long-overdue reckoning for the male-dominated industry.
(Reuters) - Uber Technologies Inc appointed Ruby Zefo as chief privacy officer and Simon Hania as data protection officer, a company spokeswoman told Reuters on Wednesday. The ride-hailing company ...
Megh computing makes software that makes it easier for enterprise customers to use FPGA accelerators for real-time analytics.
EBay Inc. (NASDAQ: EBAY) runs one of the largest and most successful e-commerce platforms that connects buyers and sellers across the world. The company's site allows sellers to operate online stores and sell items directly to buyers. The company, which was founded in 1995, has also developed and acquired several online marketplaces including StubHub and Classifieds.
Chipmaker Intel (INTC) is reportedly making efforts to focus on growth opportunities beyond its CPUs, and the acquisition of small custom chipmaker eASIC is a step towards this end. The 120-person company, eASIC, makes customizable eASIC chips that can be used in wireless and cloud environments. The companies didn’t disclose the financial terms of the deal.
Late Monday, chipmakers Intel Corp. ( INTC) and Micron Technology Inc. ( MU) announced that they plan to part ways over their 3D XPoint memory technology. The end of the joint venture (JV) came as little surprise on the Street, given that the two semiconductor manufacturers said earlier this year that they were ending their NAND flash memory chip partnership, as noted by Barron's. Still, Micron bulls say that there's reason to celebrate the break up as Micron builds its own 3D XPoint products by 2019. Intel's VP of "non-volatile memory solutions" told Barron's that the goals of the two firms were diverging, leading up to the conclusion of their alliance.
Evercore ISI analyst C.J. Muse cited the company's delays in moving to its next-generation chip manufacturing technology to keep up with rivals such as Advanced Micro Devices Inc. ( AMD) and NVIDIA Corp. ( NVDA). To add to investor uncertainty, Muse noted that Intel's search for a new CEO after the surprise resignation of Brian Krzanich brings some risk to the stock. (See also: Why Intel Stock May Plunge 15% Further.) Intel: Losing Manufacturing Advantages? In June, Intel's former CEO stepped down due to an alleged infraction of the firm's nonfraternization policy that stemmed from a consensual relationship.
Crutcher, who worked at Texas Instruments for 22 years, had been serving as CEO for just six weeks. Texas Instruments, which reported preliminary second-quarter results Tuesday, said the resignation was not related to company strategy, financial reporting or operations. "For decades, our company's core values and code of conduct have been foundational to how we operate and behave, and we have no tolerance for violations of our code of conduct," Mark Blinn, lead director of the TI board, said in a statement.
Semiconductor stocks have been the subject of unpredictable volatility so far this year, but with secular trends like the Internet of Things still on the rise, it is still an interesting time to be discovering chipmakers. With that said, we've found three already-strong stocks that are looking to benefit even more from further IoT growth in 2018!
What’s New: In celebration of Intel’s 50th anniversary, the company flew 2,018 Intel® Shooting Star™ drones over its Folsom, California, facility, setting a new Guinness World Records™ title for the most unmanned aerial vehicles airborne simultaneously.
What’s the right solution then, when allowing some workplace romance seems dubious and an all-out ban isn't practical?
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 50 years ago, Intel Corporation (NASDAQ: INTC ) was founded. Where The Market ...
Tech stocks have been one of the best performers on the market this year. Given this scenario, investing in top stocks from the space looks like a profitable option.
Advanced Micro Devices (AMD) developed an EPYC server CPU (central processing unit) that offered a better price-to-performance ratio than Intel’s (INTC) Xeon server CPUs. Thus, it targeted cloud companies, as they easily adopt new platforms and they order in bulk, as they have large data centers. AMD achieved success in deploying its EPYC with Chinese (FXI) cloud companies like Baidu (BIDU) and Tencent and other cloud providers like Microsoft (MSFT) Azure, Hivelocity, and Packet. EPYC also got adopted in the supercomputing and high computing market.
For today, WallStEquities.com scans NXP Semiconductors N.V. (NASDAQ: NXPI), Inphi Corp. (NYSE: IPHI), Integrated Device Technology Inc. (NASDAQ: IDTI), and Intel Corp. (NASDAQ: INTC). According to a PatSnap report, the main technology areas in the Semiconductor Broad Line space are semiconductor devices, electric solid-state devices, electric digital data processing, and static stores.
Advanced Micro Devices (NASDAQ:AMD) has been on fire since its last earnings report in late April. While AMD stock wasn’t trading at its absolute lows when it reported, it was pretty close. Anyway, the quarter helped propel shares from roughly $10 to more than $16 currently.10 Dow Jones Titans to Buy Now
[Updates with remarks from Templeton at bottom of story.] In the second big departure of a major semiconductor chief executive in the past month, Brian Crutcher, chief of analog-chip giant Texas Instruments (TXN), will step down and Chairman Rich Templeton will assume the president and CEO titles, after "violations of the company's code of conduct” by Crutcher. "The violations are related to personal behavior that is not consistent with our ethics and core values, but not related to company strategy, operations or financial reporting,” said TI. TI disclosed that its revenue for the June-ended second quarter totaled $4.02 billion, and earnings per share came in at $1.40, topping consensus for revenue of $3.96 billion and EPS of $1.31.
Texas Instruments Inc. (txn) shares declined in the extended session Tuesday after the chip maker announced that President and Chief Executive Brian Crutcher is out because of code of conduct violations. Texas Instruments shares fell 2.2% after hours, following a 1.1% gain to close the regular session at $115.80. Crutcher, who officially took over as CEO on June 1, is also stepping down from the company board.
Intel (INTC) shares are trading lower today, and Micron Technology (MU) shares are trading higher, after the two last night announced they will part ways on their “3D XPoint” memory technology. This is perhaps not entirely a surprise to the Street, as Intel and Micron had already announced an end to their NAND flash-chip partnership back in January. Intel’s vice president for its “non-volatile memory solutions group," Bill Leszinske, explained in a telephone call today that I had with him that when the “goals” of the two companies were clearly changing, it made sense to conclude the joint venture.