Apple extends its 5G modem licensing with Qualcomm
To last through March 2027 is a big day for QTL
Qualcomm has announced its Q1 fiscal 2024 results and is back to growth. The restructuring is working out, as the company announced $9.92 billion in revenues and $2.77 billion in net income, exceeding the high end of the company's guidance. A significant announcement of a great quarter result is that Apple will use Qualcomm's 5G licensing at least until the end of Q1 2027.
Intel seriously tanks
Worst results in its history
Intel has seen the worst results in its history and lost money as its margins collapsed.
AMD releases preliminary Q3 2022 financial results
Lowers the prior outlook by $1.1b
AMD has released its preliminary financial results for the third quarter of 2022 and things are not looking good as it has lowered its quarterly revenue outlook down to $5.6 billion, around $1.1 billion below expectations.
Intel profits plunge
Worse than even Wall Street predicted
Intel reported that its second-quarter revenues and profits were below what the cocaine nose jobs of Wall Street predicted.
AMD reports Q1 2022 financial results
Record quarter with $5.9B of revenue
AMD has released its Q1 2022 financial results, reporting record revenue of $5.9 billion, gross margin of 48 percent, net income of $786 million with EPS of $0.56.
AMD does well
Surprised Wall Street
The cocaine nose jobs of Wall Street were stunned when AMD forecast 2022 revenue above expectations.
SK Hynix makes a killing
Expects supply chain issues to improve
South Korean chipmaker SK Hynix said it expects supply chain issues to gradually improve from the second half of the year and demand for memory chips to grow, after booking a four-fold on-year increase in fourth-quarter operating profit.
Intel a long way from recovery
Results have Wall Street wondering
Intel recorded some rather good results on Wednesday, but the cocaine nose jobs of Wall Street were less than impressed.
Philips sees more supply chain woes
Second half of the year until recovery
Dutch health technology company Philips expects sales to recover strongly in the second half of the year, while a steep decline due to the global shortage of parts is likely to persist in the coming months.
Nvidia beats Q4/FY2021 expectations
Record fiscal year
Nvidia has announced its Q4 2021 and FY 2021 financial results, beating quarterly expectations as well as a record fiscal year, beating its results from last year by quite a margin.