Mixed Results at AMD

AMD (NYSE: AMD) today announced revenue for the fourth quarter of 2013 of $1.59 billion, operating income of $135 million and net income of $89 million, or $0.12 per share. The company reported non-GAAP operating income of $91 million and non-GAAP net income of $45 million, or $0.06 per share. For the year ended December…

TI 2013 Sales Slip; Earnings Up

Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported fourth-quarter revenue of $3.03 billion, net income of $511 million and earnings per share of 46 cents. Results include charges of $49 million, which reduced earnings by 3 cents per share, for a restructuring action that was not included in the company’s prior guidance. Regarding the company’s…

Broadcom Updates Q4 Guidance

Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today updated its financial guidance for the fourth quarter of 2013. The following estimates are based on the current business outlook: Net Revenue: Increased the guided range for Q4’13 revenue to approximately $2.0 – $2.05 billion, due to better-than-expected…