Edition:
India

Sayanti Chakraborty

Nvidia revenue forecast beats as demand for gaming chip rises

17 May 2019

Nvidia Corp forecast second-quarter revenue above Wall Street estimates on Thursday, as it expects sales of its graphics chip to benefit from a recovery in the gaming market.

New York Times signs up more online subscribers, shares rise

08 May 2019

The New York Times Co reported better-than-expected quarterly profit and revenue on Wednesday as it signed up more online subscribers, sending its shares up as much as 4 percent.

Qualcomm hangs on to most Apple gains after earnings report

02 May 2019

Qualcomm Inc shares fell about 3.5% on Wednesday as investors got their first look at the bottom line impact of a patent fight settlement with Apple Inc, including a multibillion dollar one-time payment and more modest future patent fees.

AMD results beat estimates on data center, server growth; shares climb

01 May 2019

U.S. chipmaker Advanced Micro Devices Inc beat Wall Street estimates for quarterly revenue and profit on Tuesday, selling more chips used in data centers and servers, and sending its shares up 6 percent in after-market trading.

Intel cuts forecast as China data centre sales remain weak

26 Apr 2019

Chipmaker Intel Corp on Thursday cut its full-year revenue forecast and missed analysts' estimates for first-quarter sales for the data centre business that has driven growth as PC sales declined in recent years, sending its shares down as much as 7.5%.

Microsoft tops $1 trillion as it predicts more cloud growth

25 Apr 2019

Microsoft Corp on Wednesday briefly topped $1 trillion in value for the first time after executives predicted continued growth for its cloud computing business.

Texas Instruments says slowdown in chip demand may continue; shares fall

24 Apr 2019

Chipmaker Texas Instruments said on Tuesday a slowdown in demand for microchips that started late last year may last a few more quarters. The warning from the company, often seen as a bellwether for a semiconductor industry, dragged its shares 3 percent lower to $113.88.

IBM quarterly revenue misses on weak mainframe computer business

17 Apr 2019

International Business Machines Corp reported a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its mainframe computers and a stronger dollar, sending its shares down about 3 percent.

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