Apple is sitting on a heap of cash – more than $40 billion at last count – and the big question has been what the company will do with it. Investors in London this week are buzzing about one possibility: It might buy ARM.
ARM (ARMH) shares have shot up this week on the speculation, bringing them to levels they haven't seen since 2002. As of now, it looks like it would cost a suitor more than $8 billion to bag the company.
So what gives? Does Steve Jobs really want to fork over billions of dollars for this company? More
By Scott Moritz
Tech investors were rattled after Nvidia (NVDA) set off a big alarm.
The graphic chip supplier to the PC industry on Wednesday slashed its second-quarter sales forecast to about $912 million, 17% below analysts' estimates. It also said it would take a $150 million to $200 million charge to cover replacement costs of defective chips.
The warning sent Nvidia shares down 31% Thursday and added more pressure to the Nasdaq, which fell MOREsmoritz - Jul 3, 2008 3:05 PM ET
By Michael V. Copeland
If you want a hint at where innovation in the gadget world is headed, talk to the chip guys. These nuggets of insanely complex silicon that companies like Intel, AMD (AMD), Atheros, Broadcom and Marvell (MRVL) are creating today will end up in the phones, laptops, televisions and mobile video/music/Internet devices of tomorrow.
We all know that Intel is dead-set on making WiMax -- wireless access measured in MORETodd Woody - Jan 14, 2008 2:00 AM ET
|Another strong quarter for Smith & Wesson|
|Homeless college students seek shelter during breaks|
|Five things you didn't know about Bernie Madoff's epic scam|
|Snowden docs had NYTimes exec fearing for his life|
|Don't fight it. Bitcoin has a bright future|