LSI Corp. (LSI) yesterday reported revenues of $578 million in the third quarter, down 19% year over year but up 11% sequentially.
The sequential improvement in revenues was driven by increased shipments of mid range storage systems and server rated solutions. IT spending showed clear signs of improvement in the quarter as data centers needed to [...]
LSI Corp. (LSI) recently said it would collaborate with Aricent to accelerate the deployment of its wireless and wireline networking infrastructure and enterprise networking systems.
The companies currently offer pre-integrated software stacks for multi-service business gateways that run on communications processors developed by LSI. They have now extended their collaboration to wireless and additional wireline [...]
Applied Micro Circuits Corp. (AMCC) recently reported revenues of $45.1 million in its fiscal first quarter, up 10% sequentially but down 26% year over year.
Gross margin came in at 50.8% compared to 46.7% in the previous quarter and 53.5% in the year-ago quarter. Operating expenses declined 30.1% sequentially and 13.0% year over year.
On a GAAP [...]
WITH RESPECT TO THE US’ GDP GROWTH, THE NATIONAL BUREAU OF ECONOMIC RESEARCH SEES A SIGNIFICANT DECLINE IN ECONOMIC ACTITIVY SPREAD ACROSS THE ECONOMY, WHICH WILL LAST MORE THAN A FEW MONTHS - WSJ - According to Robert Hall, economist at Stanford University, US economic data that has been reported provide (...)
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