Shares of AMS, which provides 3D sensors for Apple's FaceID technology as well as for Android devices, surged as much as 9% after the company said itin the third quarter from its second quarter current revenue of $415 million. The Austrian chipmaker said it expects growth will be driven by "high volume ramps for smartphone sensing solutions."
"The results reflect the strength of AMS' portfolio and more supportive demand trends in the consumer market," the company said in
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Morgan Stanley's bullish call on Apple ahead of earnings defies conventional wisdom, Jim Cramer saysMorgan Stanley made a bold call on Apple. But CNBC's Jim Cramer says it would be a mistake to buy shares ahead of its earnings next week. 100% agree. iPhone sales should be way down. What’s the motive to give price targets dats before earnings? Why not wait for the results then give some analysis? Just leading sheep to slaughter. They aren’t giving out these targets out of the goodness of their hearts to help the mom and pop investor.
Source: CNBC - 🏆 12. / 72 Read more »
Apple close to buying Intel's modem business: reportApple Inc. could be within a week of agreeing to a deal to buy Intel Corp.'s modem-chip business, according to a Monday afternoon report. The Wall Street... Cough* You mean china i mean $AAPL yea they needed fresh blood for next layer down... :X
Source: MarketWatch - 🏆 3. / 97 Read more »
Apple in Advanced Talks to Buy Intel’s Smartphone-Modem Chip BusinessApple is in advanced talks to buy Intel’s smartphone-modem chip business, a move that would jump-start the iPhone maker’s push to take control of developing the critical components powering its devices. A waste of money....D U M B..... Great... the biggest monopoly becomes MORE of a monopoly. Can we break up these bell companies? Steve Jobs is gone and all apple is repackaging the iPhone 4s greatness. Let other talented new companies with new minds innovate in this horrible market. Great article...
Source: WSJ - 🏆 98. / 63 Read more »
Intel stock up amid rumors it's selling part of its chip business to AppleIntel's stock rose more than 1% in after-hours trading amid reports that Apple is in talks to buy its smartphone-modem chip business
Source: CNN - 🏆 4. / 95 Read more »
Apple is reportedly in talks to buy Intel’s smartphone-modem chip business for $1 billionIntel said it was getting out of the business earlier this year, saying 'there is no clear path to profitability and positive returns.' Wow. 😮
Source: BusinessInsider - 🏆 729. / 51 Read more »