Tuesday, December 1, 2020

Market Watch

Lattice Semiconductor outperforms Wall Street’s Q3 earnings projections

Lattice Semiconductor managed to outperform Wall Street’s expectations on revenue and earnings per share (EPS) in the third quarter. The firm beat market watcher...

AMD announces acquisition of Xilinx for $35 billion, 56 percent Q3 sales surge

October 27—Advanced Micro Devices (AMD) announced plans to acquire Xilinx for $35 billion in an all-stock deal. Reports of the merger appeared earlier this...

BE Semiconductor revenue up 20.7 percent year-over-year in Q3

BE Semiconductor Industries (Besi) recently revealed it increased its third-quarter revenue by 20.7 percent from 2019. The company, which manufactures component assembly equipment, greatly...

NXP Semiconductors predicts strong sales in Q4 thanks to rebounding end-markets

NXP Semiconductors offered guidance for the fourth-quarter that indicates it expects meaningful sequential and annual growth in the period. CEO Kurt Sievers said his...

LG Display surpasses analyst profit expectations in Q3

LG Display crushed market analysts projections for its third-quarter operating income thanks to robust sales of its core products. The South Korean firm, a...

STMicroelectronics Q3 revenue beats guidance by 9 percent

STMicroelectronics recently reported its third-quarter revenue, and its results topped the estimate it offered back in July by 9 percent. The chipmaker said its...

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...

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...

Latest news

GM pulls investment from electric carmaker Nikola, spelling trouble for the startup

The electric car business is largely dominated by a few companies. However, disruptive startups are starting to make a...
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European Space Agency launching giant claw to catch space junk

Space junk is becoming a serious problem as more and more companies launch their own satellites into orbit. Once...

Analog Devices beats Q4 predictions with $1.53B in revenue

The components industry has seen a wide range of fiscal outcomes in 2020. Many firms enjoyed the panicked buying...

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Dr. Muscle is the perfect quarantine era home fitness app

Because of the recent surge in COVID-19 cases, cities...

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