Applied Materials commences $364 million tender offer for all Semitool shares at $11 each
Applied Materials begins offer for Semitool Marvell Technology Group names H&Q Asia Pacific founder Ta-lin Hsu to board
Marvell names new board member SANTA CLARA, Calif. — Semiconductor maker Marvell Technology Group Ltd. said Wednesday that it named Ta-lin Hsu to its board. Intel names Douglas Melamed as general counsel
Intel names Douglas Melamed as top lawyer SANTA CLARA, Calif. — Intel Corp., which is the world’s largest maker of microprocessors, said Friday that it named Douglas Melamed as its top lawyer. Applied Materials to cut 1,300 to 1,500 jobs to grapple with business downturn
Applied Materials to cut 1,300 to 1,500 jobs Synaptics shares surge 10 percent after 1st-quarter earnings exceed expectationsSANTA CLARA, Calif. — Touchscreen technology maker Synaptics said Thursday its first-quarter net income fell 23 percent as a one-time tax charge offset growth in demand for mobile phone screens. But the results beat expectations and shares jumped after-hours. PMC-Sierra 3Q profit rises six-fold on one-time items; revenue dropsSANTA CLARA, Calif. — PMC-Sierra Inc. on Thursday said its third-quarter earnings rose more than six-fold even as revenue fell because last year’s quarter was deflated by an investment loss and other charges. Atheros 3Q profit nearly quadruples on rise in sales and new orders; stock climbs after-hoursSANTA CLARA, Calif. — Atheros Communications Inc., a maker of networking and wireless equipment parts, said Monday its third-quarter profit nearly quadrupled as sales jumped and it benefited from new orders. National Semiconductor CEO Halla to step down, COO Macleod to succeedSANTA CLARA, Calif. — National Semiconductor Corp. said Friday that Chief Executive Brian Halla will retire as of Nov. 30 and be replaced by Chief Operating Officer Donald Macleod, 61. Trident raises fiscal 1st-quarter outlook, announces agreement to acquire NXP businessesSANTA CLARA, Calif. — Trident Microsystems Inc., which makes chips for high-definition TV sets, on Monday boosted its fiscal first-quarter outlook, largely due to higher sales. Head of Intel’s largest business unit joins data storage company EMCSANTA CLARA, Calif. — Intel Corp. announced a reorganization of its management structure Monday as the head of its largest business unit leaves the company to become a top manager at data storage company EMC Corp. Intel raises 3rd-quarter sales outlook on improved demandSANTA CLARA, Calif. — Intel is raising its third-quarter revenue forecast, citing strong demand for its chips. Chipmaker OmniVision posts 1st-qtr loss of $9.9 million as revenue falls 39 percentSANTA CLARA, Calif. — OmniVision Technologies Inc., which makes image-sensing chips, said Thursday it lost $9.9 million in its first quarter, reversing a profit a year earlier as its revenue plunged 39 percent, but it offered an upbeat outlook for the current quarter. Chipmaker Marvell Technology’s 2nd-quarter profit falls 18 pct as revenue declines 24 pctSANTA CLARA, Calif. — Marvell Technology Group Ltd., which makes chips used in phone networks, said Thursday its second-quarter net income fell 18 percent to $58.5 million as revenue slumped. Agilent posts 3Q loss on charges, but adjusted profit top estimates, issues strong outlookSANTA CLARA, Calif. — Testing instrument maker Agilent Technologies Inc. said Monday it slid to a third-quarter loss, reversing year-ago profit, as it booked restructuring and other charges. But adjusted results topped Wall Street expectations, and the company’s strong fourth-quarter forecast sent shares up 3 percent in aftermarket trading. Chip equipment maker Applied Materials posts 3Q loss as revenue drops 39 pct but tops viewSANTA CLARA, Calif. — Applied Materials Inc., which makes equipment used to produce semiconductors, said Tuesday it slid to a fiscal third-quarter loss, reversing a year-ago profit, as revenue plunged 39 percent. But the results still beat Wall Street expectations, sending shares up 3 percent in after-hours trading. Two dozen taken off disabled roller coaster at theme park in Santa ClaraSANTA CLARA, Calif. — Rescue crews have removed the last person stranded on a roller coaster ride at the Great America Theme Park in Santa Clara. 2 dozen riders taken off disabled roller coaster at theme park in CaliforniaSANTA CLARA, Calif. — Rescue crews have removed the last person stranded on a roller coaster ride at the Great America Theme Park in Santa Clara. Two dozen stuck on roller coaster at theme park in Northern CaliforniaSANTA CLARA, Calif. —Rescue crews are using cherry pickers to remove two dozen people stranded between 40 and 80 feet off the ground on a roller coaster at a Northern California theme park. 32 people stuck on roller coaster at theme park in Santa ClaraSANTA CLARA, Calif. —Rescue crews are using an aerial ladder truck to remove 32 people stuck on a roller coaster at the Great America Theme Park in Santa Clara. Nvidia 2Q loss narrows as cost cuts offset lower revenue, shares jump 9 percent after-hoursSANTA CLARA, Calif. — Graphics chip maker Nvidia Corp. said Thursday its fiscal 2010 second-quarter loss narrowed as cost cuts offset the impact of lower revenue. Synaptics posts higher 4Q earnings as sales rise, but shares tumble on weak 1Q outlookSANTA CLARA, Calif. — Synaptics Inc., which makes touchscreen technology for computers and smartphones, on Thursday reported stronger fiscal fourth-quarter earnings helped by a one-time gain and higher sales, but shares tumbled in aftermarket trading as the company forecast first-quarter sales below Wall Street expectations. Intel offering $1.5 billion in notes, plans to use proceeds to buy back stockSANTA CLARA, Calif. — Intel, the world’s biggest maker of microprocessors, says it is offering $1.5 billion in junior subordinated convertible debentures and will use proceeds to buyback stock. EMC to buy Data Domain, NetApp drops out of biddingA bidding war over data storage company Data Domain is over, with EMC emerging as the victor. Biopharmaceutical drug maker XenoPort to sell 2.5 million sharesSANTA CLARA, Calif. — Biopharmaceutical company XenoPort Inc. on Tuesday said it will sell 2.5 million shares of its common stock, increasing the number of outstanding shares by more than 9 percent. Applied Materials cuts stake in joint venture with Dainippon ScreenSANTA CLARA, Calif. — Chip manufacturing equipment maker Applied Materials Inc. and semiconductor fabrication equipment supplier Dainippon Screen Mfg Co. said Tuesday that they have agreed to revise the ownership structure of their joint venture company. National Semi posts $64M loss in latest quarter, outlook slightly ahead of expectationsSANTA CLARA, Calif. — National Semiconductor Corp. on Thursday posted a $64 million quarterly loss, with its sales dropping 39 percent from the same period last year. Data Domain to comment on EMC takeover bid by June 16; asks shareholders to defer decisionSANTA CLARA, Calif. — The board of Data Domain asked Thursday that shareholders defer a decision on EMC Corp.’s offer to buy the company for $1.8 billion in cash until it can review the bid. Santa Clara city leaders approve deal for new 49ers stadiumSANTA CLARA, Calif. — A move by the San Francisco 49ers to Santa Clara is a step closer to reality after an early morning vote by the Santa Clara City Council. Applied Materials posts 2nd-quarter loss as revenue drops sharplySANTA CLARA, Calif. — Chip manufacturing equipment maker Applied Materials Inc. posted a net loss Tuesday, hurt by charges and lower revenue. 49ers sign LB Marques Harris, 12 undrafted free agentsSANTA CLARA, Calif. — The San Francisco 49ers have signed linebacker Marques Harris to a one-year contract. |