Semiconductors

A sign is posted at the Intel company headquarters on July 20, 2011 in Santa Clara, California. Intel will report their quarterly earnings today after the market closes. (Photo by Justin Sullivan/Getty Images)

Intel Makes $16.7 Billion Bet On Mobile With Acquisition Of San Jose’s Altera

San Jose-based Altera specializes in programmable chips for all sorts of things like cars, industrial uses and communications applications, and its been making solid inroads into data centers, an area of strength for Intel as the world’s biggest chipmaker looks to expand beyond the weakening PC business and also make inroads into mobile, where it lost $4-billion last year, and is forecasting another $3-billion dollar loss this year.

06/01/2015

A sign is posted at the Intel company headquarters on July 20, 2011 in Santa Clara, California. Intel will report their quarterly earnings today after the market closes. (Photo by Justin Sullivan/Getty Images)

Intel To Slash 5,000 Jobs; 5 Percent Of Workforce

Intel plans to trim more than 5,000 jobs from its workforce this year in an effort to boost its earnings amid waning demand for its personal computer chips.

01/17/2014

Applied Materials logo

Applied Materials Buying Varian Semi For $4.9 Billion

Applied Materials Inc. said it will buy Varian Semiconductor Equipment Associates Inc. for $4.9 billion, gaining access to a leading supplier of ion implantation equipment used by chipmakers.

CBS San Francisco–05/04/2011