Philips and Cirrus cut forecasts as chip gloom deepens
452761
Clouds continued to gather over the chip sector last week after Philips confirmed a bleaker outlook for sales, and analog and DSP chip vendor Cirrus Logic Inc sharply downgraded its forecast for the current quarter because customers want to reduce
556315
Two days after announcing that the head of its semiconductor business will leave the company, Koninklijke Philips Electronics NV on Friday lowered its forecast for the chip division&#39;s third-quarter sales.
369571
SAN FRANCISCO -- The number of companies building and designing microprocessors is likely to shrink by approximately 40 percent over the next 10 years, analysts from Gartner Inc. predicted at the research firm's Semiconductor Industry Summit conference here in San Francisco Tuesday.
621685
Shares of Advanced Micro Devices   fell more than 10 percent on Friday after the computer  chip maker forecast quarterly revenue below market expectations  amid a price battle with larger rival Intel Corp..
221206
LONDON, November 9  - The German semiconductor company, Infineon Technologies (IFX.ETR), has projected a downturn in the semiconductor industry next year, after reporting a 10% y/y decline in its profits for the fourth fiscal quarter.
189706
Philips Electronics, Europe&#39;s largest consumer electronics company, lowered its sales forecast for its semiconductor division, representing the latest sign that the sector is suffering a slowdown after a long period of rapid growth.
459191
Figuring out which way the winds are blowing in the chip sector just got harder. Recent news suggests the all-encompassing rally off the September lows has ended and the sector&#39;s investors will have to be much more selective going forward.
766626
US stocks declined this week as disappointing sales forecasts from technology companies such as Xilinx Inc., Altera Corp. and Texas Instruments Inc.
583084
SEMICONDUCTOR maker Advanced Micro Devices has warned its quarterly revenue will be lower than forecast, citing softness in sales of its memory chips used in cell phones and other devices.
388982
Texas Instruments Inc., the world&#39;s biggest maker of mobile-phone processors, narrowed its fourth- quarter sales forecast because industrial customers for its chips continue to reduce inventory.
139005
Shares in chipmaker Infineon (IFXGn.DE: Quote, Profile, Research) fell 3 percent on Tuesday after Philips (PHG.AS: Quote, Profile, Research) gave a cautious outlook for its chips unit and analysts worried the German firm
340007
Intel, the world's leading computer chip maker, slashes its revenue forecasts, triggering a decline in global chip stocks.
738411
Cirrus Logic Inc., a maker of microchips for consumer electronics, on Wednesday said it will lay off 7 percent of its employees to save $2 million to $3 million per quarter, with expense reductions starting in its third quarter.
78927
Asian stocks fell in US trading after Xilinx Inc. and Altera Corp., the largest makers of programmable computer chips, cut their sales forecasts.
107854
The chip maker lowers estimates again on weak demand from consumers. Is this strike three?
267440
U.S. tech stocks fell on Wednesday  after Xilinx Inc. XLNX.O gave a reduced revenue outlook,  hurting the chip sector, while the Dow was slightly higher as  oil prices slipped after a government report showed a  higher-than-expected rise in distillate supply last week.
692295
Cirrus Logic Inc. (CRUS.O: Quote, Profile, Research) , a maker of microchips for consumer electronics and other applications, on Wednesday said it had cut its work force by