Texas (NASDAQ:TXN) Reports Layoff of 1,700 Jobs – TXN, INTC, AMD, ONNN, ATML

Texas Instruments Incorporated (NASDAQ:TXN) announced on Wednesday that it is layoff 1,700 jobs, as it moves down its mobile processor business to center on chips for more profitable markets similar to cars and home appliances. Texas Instruments declared in September it would halt expensive investments in the surging competitive smartphone and tablet chip business, foremost […]

Advanced Micro (NYSE:AMD) Cheers on JPMorgan (JPM) Exploring Sale Options – AMD, INTC, TXN, ONNN, JPM,

The second-biggest maker of processors for PC, Advanced Micro Devices, Inc. (NYSE:AMD), surged on Tuesday the most in two months after Reuters declared that firm appointed JPMorgan Chase & Co. (NYSE:JPM) to explore options including a sale. The shares surged 5.03% to $2.09 at the close in New York. Previously, they rose around 18% to […]

Will NVIDIA Recover From Its Slide? (NVDA)

The share price of graphics chip maker NVIDIA (NASDAQ: NVDA) opened yesterday near its 52-week low following pessimistic guidance issued last week for the fiscal 2013 fourth quarter and the subsequent cut in estimates by analysts. However, the share price recovered quickly on the backdrop of optimism created by the news that the company‚Äôs chip […]