Cypress Semiconductor Offers Rival Bid for Integrated Silicon Solution
Cypress Semiconductor has launched a bidding war for Integrated Silicon Solution, just two months after it had agreed to be acquired by a Chinese investor consortium.
Nvidia's Plan to Shut Down or Sell Its Icera Unit Follows a Well-Worn Path
The chipmaker's review of its mobile processor business comes after Broadcom and other rivals have abandoned similar operations.
Vitesse Sale, Early in the Chip-Industry Consolidation Process, Shines a Light on Others
Microsemi will buy the chip maker for nearly $390 million in a deal that could soon force Atmel and Silicon Labs into play.
Adobe Systems Tanks on Forecast, Oracle Rises on Dividend Increase
Adobe Systems fell sharply after lowering its second quarter forecast. Oracle rises on third quarter earnings beat and dividend increase.
Chipmaker Microsemi Adds Vitesse in $389 Million Cash Deal
The acquisition target, a maker of communications chips, has been the subject of activist pressure since at least 2012.
Cisco Systems Stock Leaps On Q4 Earnings Beat, 2023 Sales Outlook As Supply Chain Pressures Ease
"Overall supply constraints began to ease slightly at the back half of the fourth quarter and continuing into the start of the first quarter," said CEO Chuck Robbins.
Apple Preparing For iPhone 14 Launch On September 7 - Report
Bloomberg reported late Wednesday that Apple is eyeing a September 7 launch date for its new iPhone 14 series.
Huge Las Vegas Strip Casino Project Moves Forward
Sin City looks set to welcome another massive resort/casino that's going to compete with industry leaders Caesars and MGM.
Kohl's Stock Slumps After Retailer Guts Full-Year Profit Forecast As Shoppers Feel Inflation Squeeze
“Second quarter results were impacted by a weakening macro environment, high inflation and dampened consumer spending, which especially pressured our middle-income customers," said CEO Michelle Gass.