After being dethroned by China as the world's fastest supercomputer maker, US has upped the ante and is creating two 20-petaflop supercomputers to reclaim the top position for the most powerful supercomputer.
FBR Capital Markets raised its profit estimate and price target of Nvidia (NVDA), a day after the graphics chip maker reported third quarter earnings that topped Wall Street estimates.
The arrest of Russian spies in the US and the ensuing spy-swap was the result of the betrayal of a Russian intelligence officer, a Moscow newspaper reported on Thursday. Kommersant, the paper, claimed that Col. Shcherbakov, who worked for Russia's Foreign Intelligence Service (SVR), blew the cover of his unit.
Worldwide PC microprocessor sales slowed during the third quarter due to weak consumer demand, according to a report released on Thursday.
A Chinese research center has unveiled the Tianhe-1A, replacing United States as the maker of the world's fastest supercomputer.
One of the predominant economic issues of our day has to do with the “offshoring” or “outsourcing” of American jobs overseas, particularly to developing economies like India and China where costs of labor are significantly less, thereby undermining efforts to reduce the stubbornly high U.S. jobless rate (currently at 9.6 percent)
The top shares closed up on Tuesday, as miners gained on firmer U.S. economic data which eased investor anxiety on the global economic recovery, while ARM Holdings jumped on renewed takeover talk.
U.S. chipmaker Intel Corp unveiled a deal on Monday to buy German chipmaker Infineon Technologies AG's wireless unit for $1.4 billion (905 million pounds), as it claws its way into the booming smartphone market and cuts its reliance on personal computers.
U.S. chipmaker Intel Corp unveiled a deal on Monday to buy German chipmaker Infineon Technologies AG's wireless unit for $1.4 billion (905 million pounds), as it claws its way into the booming smartphone market and cuts its reliance on personal computers.
U.S. chipmaker Intel is to buy German chipmaker Infineon's wireless unit for $1.4 billion (905.3 million pounds) as it seeks to claw its way into the booming smartphone market, reducing its reliance on personal computers.
Stocks dipped on Monday as confidence about the economy sagged and investors were cautious ahead of several key reports coming this week.
Intel will buy German chipmaker Infineon's wireless unit for $1.4 billion (900 million pounds), enabling the U.S. chipmaker to boost its presence in the smartphone market.
Stock index futures were flat on Monday as investors awaited data on personal spending for a signal the economy can avoid a double-dip recession and after a flurry of mergers-and-acquisition activity.
Stock index futures were slightly lower on Monday as investors awaited data on personal spending for a signal the economy can avoid a double-dip recession and after a fresh batch of merger-and-acquisition activity.
Intel Corp warned that third-quarter revenue could fall short of its own estimates by more than $1 billion, reinforcing doubts about the strength of a technology sector recovery.
Stocks rebounded to post their best gains in nearly four weeks on Friday, overcoming initial skittishness brought on by a revenue warning from Intel and dour comments from Federal Reserve Chairman Ben Bernanke.
Stocks rebounded to post their best gains in nearly four weeks on Friday, overcoming initial skittishness brought on by a revenue warning from Intel and dour comments from Federal Reserve Chairman Ben Bernanke.
U.S. stocks rose on Friday on buying by investors holding short positions who locked in profits after a revenue warning from a major technology company and downbeat remarks by Federal Reserve Chairman Ben Bernanke.
Intel Corp, a bellwether for technology spending, warned on Friday that third-quarter revenue could fall short of its own estimates by more than $1 billion on weak demand for personal computers.
Intel Corp warned third-quarter revenue could fall short of its own estimates by more than $1 billion, reinforcing doubts about the strength of a technology sector recovery.
Stocks rose in volatile trading on Friday as investors shook off a revenue warning from technology bellwether Intel and a downbeat economic assessment by Federal Reserve Chairman Ben Bernanke to snap up bargains.
U.S. stocks rose in volatile trading on Friday, shrugging off initial losses after the Federal Reserve chairman said the recovery has softened more than expected and Intel Corp warned about revenue.