Following Nvidia‘s (NVDA) announcement last night it plans to license the “Kepler” graphics processing unit, or GPU, core that powers its video cards to other chip makers for a fee, as use of... Read More
from Tech Trader Daily
Google: CLSA Ups Target to $1,100 on Mobile Potential
June 19, 2013
Shares of Google (GOOG) are up $3.78, or half a percent, at $904.40, after CLSA Asia-Pacific Markets‘s James Lee reiterated a Buy rating on the shares and raised his price target to $1,100 from $1,000,... Read More
from Tech Trader Daily
MU: DRAM Fortunes Boosted by Tight Supply, Says iSuppli
June 19, 2013
Research firm IHS iSuppli this morning informs us that the DRAM memory chip market is finding propsperity by conducting the second year in a row of deliberate reduction in output, helping to firm up... Read More
from Tech Trader Daily
Shares of Nvidia (NVDA) are up 46 cents, or 3%, at $14.86, after the company last night said it plans to license the “Kepler” graphics processing unit, or GPU, core that powers its video cards to other... Read More
from Tech Trader Daily
Nvidia To License ‘Kepler’ GPU Core As PC Era Wanes
June 18, 2013
In a corporate blog post, graphics and mobile chip designers Nvidia (NVDA) this evening announced the company will be licensing the “Kepler” graphics processing unit, or GPU, “core” behind its various... Read More
from Tech Trader Daily
Dell‘s (DELL) board of directors this afternoon replied to Carl Icahn‘s proposal, announced today, to pay $14 per share if shareholders will tender upward of 1.1 billion of the company’s 1.67 billion... Read More
from Tech Trader Daily
Following up on CNBC‘s report earlier today that Carl Icahn has proposed a tender offer to buy 1.1 billion shares of Dell (DELL) at $14, the channel’s Scott Wapner this afternoon reports having spoken... Read More
from Tech Trader Daily
Dell: Icahn Bids $14 for Tender of 1.1B Shares, Says CNBC; Southeastern Offers Half Its Shares
June 18, 2013
Shares of Dell (DELL) are up 5 cents at $13.46 after CNBC reported this afternoon that Carl Icahn, who has been proposing to restructure the company and pay a large dividend against a leveraged buyout... Read More
from Tech Trader Daily
Here are some things going on this morning in your world of tech: Shares of Hewlett-Packard (HPQ) are up 23 cents, or 1%, at $25.39, after the company this morning announced that Todd Bradley, head of... Read More
from Tech Trader Daily
Nomura Equity Research‘s Rick Sherlund this afternoon writes that the announcement today by Microsoft (MSFT) that its “Office 365” productivity suite is available for Apple‘s (AAPL) iPhone is a “very... Read More
from Tech Trader Daily
DELL Slips: Icahn May Drop Recap Bid, Says CNBC
June 14, 2013
Shares of Dell (DELL) are down 5 cents, or 0.4%, at $13.40, after CNBC‘s David Faber reported that Carl Icahn is “increasingly likely to drop his bid to recapitalize the company and pay a big special... Read More
from Tech Trader Daily
A couple of Street observers today took a look at the partner conference Hewlett-Packard (HPQ) held in Las Vegas this week, called “HP Discover,” largely coming away with a positive view on the... Read More
from Tech Trader Daily
Shares of DRAM and NAND flash memory chip maker Micron Technology (MU) get a lift today from Sterne Agee’s Vijay Rakesh, who reiterates a Buy rating on the stock, and raises his price target to $15... Read More
from Tech Trader Daily
Shares of Texas Instruments (TXN) are down $1.02, or 3%, at $35.60, after the chip maker last night narrowed its outlook for this quarter to a range in line with analysts’ expeditions. During a... Read More
from Tech Trader Daily
Apple (AAPL) shares sold off at the conclusion of the keynote session at its developer conference in San Francisco today, dropping $2.92, or 0.7%, to close at $438.89, erasing earlier gains. The show... Read More
from Tech Trader Daily
Shares of Intel (INTC) are up 37 cents, or 1.6%, at $24.96, after Jefferies & Co.’s Mark Lipacis reiterated a Hold rating on the shares, but raised his price target to $27 from $24, writing that the... Read More
from Tech Trader Daily
Here are some things going on this morning in your world of tech: Shares of Apple (AAPL) are up $4.95, or 1%, at $446.76, in advance of this morning’s keynote session at the company’s annual Worldwide... Read More
from Tech Trader Daily
Intel: Piper Cuts to Sell; ‘Honeymoon’ Can’t Last
June 07, 2013
Piper Jaffray chip analyst Gus Richard today cut his rating on shares of Intel (INTC) to Underweight from Neutral, and cut his price target to $20 from $21, after cutting estimates for the PC industry... Read More
from Tech Trader Daily
J.P. Morgan‘s Mark Moskowitz, John DiFucci and colleagues today cut their outlook for IT spending for 2013 to a rate of growth of just 0.6%, half the 1.2% they had previously been modeling, citing... Read More
from Tech Trader Daily
The Street today offers a couple of different takes on the prospects for Intel (INTC) in tablet computers since Monday’s announcement by Samsung Electronics (005930KS) that it intends to use the... Read More
from Tech Trader Daily
Intel (INTC) has enjoyed a relatively healthy rate of endorsements from the Street of late, with the unveiling two weeks ago of its “Silvermont” CPU for mobile devices, and the formal unveiling... Read More
from Tech Trader Daily
DELL: Deterioration of the PC Market in Pictures
June 05, 2013
As I mentioned earlier, Dell (DELL) this morning filed a presentation with the Securities & Exchange Commission detailing the state of its business and the state of the personal computer market, and... Read More
from Tech Trader Daily
Yet another bull on Intel (INTC) offers up his thoughts today about the company’s outlook: Wells Fargo‘s David Wong pens a brief item about what to expect from an official debut tomorrow of the... Read More
from Tech Trader Daily
Here are some things going on this morning in your world of tech: Shares of Intel (INTC) are up 93 cents, or almost 4%, at $25.21, after FBR Capital‘s Christopher Rolland this morning raised his rating... Read More
from Tech Trader Daily
International Business Machines‘s (IBM) ability to sell its server computer business to Lenovo (0992HK) may be gaining momentum, writes RBC‘s Amit Daryanani, following the latter’s decision to issue... Read More
from Tech Trader Daily
Here are some things going on this morning in your world of tech: Shares of OmniVision Technologies (OVTI) are up $2.98, or over 19%, at $18.47 in early trading, continuing after-hours gains from last... Read More
from Tech Trader Daily
Research firm IDC this morning advises that tablet computer shipments are poised to take a bit out of laptop computers after the firm cut its outlook for personal computers this year, warning of a... Read More
from Tech Trader Daily
Here are some things going on this morning in your world of tech: Shares of Apple (AAPL) are up $3.61, or 0.8%, at $448.76, despite a negative report this morning from Citigroup’s Glen Yeung, who... Read More
from Tech Trader Daily
Shares of Hewlett-Packard (HPQ) today are $3.60, or 17%, at $24.83, building on last night’s gains, after the company reported fiscal Q2 revenue that missed consensus but beat on the bottom line,... Read More
from Tech Trader Daily
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