Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Programmable Solutions"


3 mentions found


CNBC Daily Open: Something else is breaking in markets
  + stars: | 2023-10-04 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
A trader works on the floor of the New York Stock Exchange during opening bell in New York City on August 21, 2023. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. [PRO] Railed by ratesHigher-for-longer interest rates are really starting to hit markets hard. It's very broad swaths of the stock and bond markets that are seeing new 52-week lows, as CNBC Pro's Bob Pisani observes — and explains why they've been hitting troughs.
Persons: Dow, Republican Kevin McCarthy, Matt Gaetz, Patrick McHenry, McCarthy, Bob Pisani, , they've Organizations: New York Stock Exchange, CNBC, Dow Jones, Treasury, U.S ., Intel, Solutions, House, U.S . House, Republican Locations: New York City
Intel said it will treat its programmable chip unit as as a standalone business, with an aim to spin it out through an IPO in the next two to three years. Intel's Programmable Solutions Group will have its own balance sheet as it heads toward independence. The move also highlights the strong demand in the semiconductor industry for field programmable gate arrays, or FPGAs. Intel's FPGAs are sold under the Agilex brand. Intel doesn't break out PSG sales yet, but said in July that the unit had three record quarters in a row, offsetting a slump in server chip sales.
Persons: Pat Gelsinger, Sandra Rivera, Patrick Gelsinger, Gelsinger Organizations: Intel Corporation, Senate Commerce, Science, Innovation, Russell, Intel, Programmable Solutions, Center, PSG, Taiwan Semiconductor Manufacturing, Lattice Semiconductor, AMD, Intel's Data Locations: Mobileye
Technology category · October 3, 2023 · 8:51 AM UTCChina's ByteDance is buying back shares from U.S. employees in a deal that values the TikTok parent company at $223.5 billion, about 26% lower than a valuation a year earlier, a source familiar with the matter told Reuters on Monday.
Organizations: Reuters
Total: 3