FBR Capital Remains Sidelined on Advanced Micro Devices (AMD) Following Reports of Intel (INTC) Licensing Talks

UBS Reiterates Sell on Advanced Micro Devices (AMD) as PC Demand Underperforms - PT to $1.75

March 21, 2016 8:12 AM EDT

UBS reiterated a Sell rating on Advanced Micro Devices (NASDAQ: AMD), and raised the price target to $1.75 (from $1.50). AMD's Capsaicin event at the Game Developer Conference 2016 left UBS encouraged that partnerships with gaming and VR developers could lead to better momentum in GPUs. However, UBS still estimates that the 2H16 profitability target is at... More

Mizuho Securities Raises Price Target on Advanced Micro Devices (AMD) Following VR Conference Call

March 21, 2016 6:58 AM EDT

Mizuho Securities reiterated a Neutral rating on Advanced Micro Devices (NASDAQ: AMD), and raised the price target to $3.00 (from $2.00), following a conference call with the company's Head of Virtual Reality. AMD dominates the VR market, with the company at the game developer conference... More

Needham & Company Remain Sidelined on NVIDIA (NVDA) Following INTC's Reported Talks with AMD

March 17, 2016 2:27 PM EDT

Needham & Company reiterated a Hold rating on NVIDIA (NASDAQ: NVDA) following reports that Intel (NASDAQ: INTC)
is in talks to license Advanced Micro Devices' (NASDAQ: AMD) graphics technology. Needham believes that NVDA's strategy of replacing the Intel royalty stream was hinged on its lawsuit against Samsung,... More

Intel (INTC) Said in Talks to License Graphics Tech from AMD (AMD)

March 17, 2016 9:16 AM EDT

Intel (NASDAQ: INTC) is said to be in talks to license graphics tech from Advanced Micro Devices (NASDAQ: AMD), according to Bloomberg, citing people familiar.

In a statement,an AMD spokesman told Bloomberg, "While we aren't... More

Intel (INTC) Declares $0.26 Quarterly Dividend; 3.3% Yield

March 17, 2016 9:01 AM EDT

Intel (NASDAQ: INTC) declared a quarterly dividend of $0.26 per share, or $1.04 annualized.

The dividend will be payable on June 1, 2016, to stockholders of record on May 7, 2016, with an ex-dividend date of May 4, 2016.

The annual yield on the dividend is 3.3 percent.

For a... More

Swiss watchmakers change tack to embrace smartwatches

March 17, 2016 8:07 AM EDT

By Silke Koltrowitz

BASEL, Switzerland (Reuters) - Swiss watchmakers, who once dismissed smartwatches as short-lived gadgets, are now racing to grab a share of a fast-growing market via technology partnerships and stepping up investments.

Shipments of smartwatches overtook traditional watches in the final quarter of 2015, according to Futuresource Consulting.

While their rapid rise has so far had little impact on Swiss watchmakers, because of the latter's focus on higher prices, the industry started to look seriously into the potential for luxury smartwatches after the success of the Apple Watch last year.

Now... More

Gartner Says PC Shipments to India Rose 10.6% in Q4 (HPQ) (MSFT)

March 16, 2016 11:28 AM EDT

PC shipments in India totalled nearly 2.6 million units in the fourth quarter of 2015, a 10.6 percent increase over the fourth quarter of 2014, according to Gartner, Inc.

"Consumers accounted for 40 percent of total PC sales in the fourth quarter of 2015, down from 52 percent in the fourth quarter of... More

Needham & Company Thinks Intel (INTC) Will Preannounce Later This Week

March 15, 2016 6:48 AM EDT

Needham & Company analyst, Quinn Bolton, cut estimates on Intel (NASDAQ: INTC) due to weak Taiwanese notebook ODM shipments and the potential for a pause in Data Center purchasing ahead of the expected March 31 launch of Intel's Broadwell server CPU. Revenue and NG EPS estimates go to $13.6bn/$0.46 from $14.1bn/$0.51; the low-end of... More