Market Watch

Latest updates on market trends from within the technology industry, including component news, allocations, and supply chain updates.

Market Watch

Intel Q3 earnings top Wall Street revenue predictions

Intel’s recently reported third-quarter earnings beat Wall Street’s expectations on revenue. But the chipmaker’s gross income slid by 4 percent year-over-year. The company’s weak...

Mario McKellop - October 23, 2020

Market Watch

Cree agrees to sell LED business to SMART Global Holdings for $300 million

Cree, Inc. announced it has agreed to sell its LED business (Cree LED) to SMART Global Holdings for $300 million. The Durham, North Carolina-based...

Mario McKellop - October 23, 2020

Market Watch

Xilinx FQ2 financial results beat analysts’ forecasts on revenue and profit

Xilinx surprised Wall Street by beating its fiscal second-quarter earnings predictions on revenue and profit. The chipmaker turned in forecast defying financial results thanks...

Mario McKellop - October 22, 2020

Market Watch

Texas Instruments beats analyst Q3 earnings expectations

Texas Instruments recently published its third-quarter financial results and revealed it beat Wall Street's profit and revenue expectations. The chipmaker said its stronger than...

Mario McKellop - October 21, 2020

Market Watch

Nordic Semiconductor grows Q3 net income by 58 percent year-over-year

October 20—Nordic Semiconductor’s third-quarter financial results reveal it increased its net income by 58 percent year-over-year. The manufacturer attributed its recent success to robust...

Mario McKellop - October 20, 2020

Market Watch

Intel to sell NAND and storage business to SK Hynix for $9 billion

Intel announced plans to sell its NAND memory and storage business to SK Hynix for $9 billion on Monday. Regulatory approval permitting, the two...

Mario McKellop - October 20, 2020

Market Watch

Huawei rivals boosting sales for Japanese chipmakers

Rivals of Chinese telecom Huawei significantly increased their electronic components orders from Japanese chipmakers in September, reported Caixin. Xiaomi, Oppo, and Vivo intend to...

Mario McKellop - October 19, 2020

Market Watch

TSMC predicts record-high Q4 revenue because of iPhone 12 launch

Taiwanese Semiconductor Manufacturing Company (TSMC) recently offered guidance indicating it expects record-high revenue for the fourth quarter. CFO Wendell Huang said his firm’s forecast...

Mario McKellop - October 16, 2020

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