Posts tagged as: chip maker

Mellanox down 8 percent Monday after downgrade in share ratings

Mellanox, an Israeli chip making company saw a booming year 2012 with profitability rising exponentially. However, in the latest ratings from Stifel Nicolaus resulted in a drop of 8 percent in the company‚Äôs shares. Mellanox reported a more than 250 percent growth rate during this year compared to the last fiscal term. And it is […]

Intel lowers its third quarter revenue targets after disappointing laptop sales

Intel has lowered its expectations on Q3 revenues after the disappointing sales performance of notebooks. Intel shares were down 1 percent in the pre-market trading after the release of the report. The company lowered the bar 7.3 percent from previously expected $13.8 Billion to $14.8 Billion in sales to $12.9 Billion to $13.5 Billion. “Relative […]

Audience share dive 67 percent after the fear Apple might scratch contract

Shares of audio enhancement chip makers, Audience, fell a whopping 67 percent late Thursday, a near-crash experience. The slide started after the company announced that its biggest purchaser Apple will not be buying the merchandise anymore. Audience develop and manufacture voice enhancement chips for electronic gadgets that boast voice calls. Their products discern the background […]

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