Chipmaker Intel Corp forecast first-quarter revenue above Wall Street expectations on Wednesday, placing bets on its in-house chip-making capacity to meet strong demand from PC, data center and artificial intelligence markets even through a global semiconductor supply crunch.
TE Connectivity Ltd. TEL has reported first-quarter fiscal 2022 adjusted earnings of $1.76 per share, which surpassed the Zacks Consensus Estimate by 8.6%. The figure rose 20% year over year.Net sales in the reported quarter were $3.82 billion, which beat the consensus ma
Texas Instruments TXN reported fourth-quarter 2021 earnings of $2.27 per share, which surpassed the Zacks Consensus Estimate by 16.4%. The bottom line was within management’s guidance of $1.83-$2.07 per share. Further, the figure rose 26% year over year and 9.7% sequentia
Stellar outlook from Microsoft put U.S. stock indexes on course for a stronger open on Wednesday after two sessions of turbulent trading and ahead of the outcome of a Federal Reserve policy meeting.
The technology sector, which enabled Wall Street to get rid of the coronavirus-induced short bear market and formed the new bull market, suffered a huge blow as soon as 2022 started. Soaring inflation since mid-2021 has compelled the Fed to terminate the quantitative easi
The world can't get enough semiconductors; these little chips make everything work, from cars to phones. Demand is so high that global semiconductor sales grew an estimated 26% from 2020 to 2021 and could stay in high demand. The Semiconductor Industry Association expects the glo
Taiwan Semiconductor Manufacturing (NYSE: TSM), popularly known as TSMC, laid out an ambitious capital spending plan for 2022 in a bid to shore up its manufacturing capacity and meet the booming demand for chips.
F5 Networks FFIV delivered robust first-quarter fiscal 2022 results wherein both earnings and revenues not only surpassed the Zacks Consensus Estimate but also registered double-digit year-over-year growth.
Advanced Micro Devices' (NASDAQ: AMD) stock price has declined nearly 20% this year as rising interest rates have caused investors to cash out of higher-growth tech stocks. AMD also faces concerns about slower PC sales in a post-lockdown market, as well as tougher competition fro
U.S. stock index futures jumped on Wednesday following two days of turbulent trading, helped by stellar results from Microsoft, while investors looked to the outcome of the Federal Reserve's policy meeting.
Robinhood Markets (NASDAQ: HOOD) continues to fulfill its mission to "democratize finance." As of the end of the third quarter of 2021, more than 11 million traders had opened accounts on the platform during the year to date period.
Intel on Wednesday won its appeal against a 1.06-billion-euro ($1.2 billion) EU antitrust fine handed down to the U.S. chipmaker twelve years ago for stifling a rival, in a major setback for EU antitrust regulators.
Europe's second-top court on Wednesday rejected a 1.06 billion euros ($1.2 billion) EU antitrust fine handed down to U.S. chipmaker Intel twelve years ago for trying to squeeze out a rival.
Europe's second-top court on Wednesday rejected a 1.06 billion euros ($1.2 billion) EU antitrust fine handed down to U.S. chipmaker Intel 12 years ago for trying to squeeze out a rival.
The market expects Advanced Micro Devices (AMD) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2021. This widely-known consensus outlook is important in assessing the company's earnings picture, b
Apple AAPL is still grappling with supply chain constraints ahead of its first-quarter 2022 results.Per a recent 9to5Mac article, the iPhone maker is still unable to meet demand with accurate supply. The ensemble of new products that the company is supposed to launch in 2
Hewlett Packard Enterprise HPE recently announced that the Bremen-based professional sports club, SV Werder Bremen, selected HPE Ezmeral to enhance analytical intelligence and fan experiences through digital transformation.