Semiconductor industry
Yesterday's trading on the stock market saw a moderate increase in stocks as market professionals held back, awaiting crucial inflation news. The bond market approached but pulled back from long-term interest rates of 7 percent. Computer-related companies benefitted from the small rally, with major players like I.B.
Semiconductor industry
The stock market suffered a sharp decline yesterday as inflation fears and speculation about a possible rate hike by the Federal Reserve sent bond yields skyrocketing. The Dow Jones industrial average dropped 22.79 points, to 3,830.62, while the broader Standard & Poor's 500 index fell
Semiconductor industry
Texas Instruments Inc. introduced a new digital signal processing (DSP) chip, designed to handle high-powered computer and television systems, during a news conference in Burlingame, California. The Multimedia Video Processor can process 2 billion operations per second, outperforming the most powerful PC microprocessor. The company aims to make it a
Computer industry
The announcements of disappointing earnings from Digital Equipment Corp. and Intel Corp. led to a decline in several computer-related stocks on the New York Stock Exchange and the Nasdaq Stock Market. Digital Equipment Corp.'s stock fell 10.3% to close at $32.75, while Intel's shares
Computer industry
PC prices are expected to continue dropping throughout 1994 while performance increases, with high-performance machines becoming the standard in many homes and offices. By the end of 1994, PCs powered by 66-megahertz 486DX2 and Pentium processors will be the norm, while the old 386 processor will be a distant memory.
