Qualcomm Investors Await Reporting and 4 Chip and Big Data Stocks on the Move
Broadcom Corp. (NASDAQ:BRCM): Akros Silicon Inc., which is a premier supplier of leading-edge intelligent energy management ICs, announced an interoperability collaboration with Broadcom Corporation, which is to deliver fully integrated support of the emerging PoE (Power over Ethernet) 60 Watt extension.
QUALCOMM Incorporated (NASDAQ:QCOM) has definitely benefited from the exponential mobile devices growth, and the company is scheduled to report its Q4 earnings this afternoon. Estimates are in the range of 0.79 and 0.87 cents. Analysts are mainly concerned with whether Qualcomm was able to solve a problem it encountered last quarter. This problem was the inability to keep up with the strong demand for the newest line of products, particularly from Apple (NASDAQ:AAPL).
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ARM Holdings plc (NASDAQ:ARMH) assisted in the development of a consortium that has bought the rights to most of the patent portfolio of rival RISC chip biz MIPS Technologies. MIPS had the possibility of being a contender for clients and servers, but now, that is not likely. MIPS chips have a minimalist, low-power design, similar to various ARM processors as well as some that have been popular inside of routers and other embedded devices.
Rackspace Hosting, Inc. (NYSE:RAX) marked a quarter in which it extended its vision for open-source cloud infrastructure as it released various cloud platforms, and the company reported strong quarterly revenue and earnings on Tuesday. For the Q3 that ended on September 30, 2012, Rackspace reported a revenue reaching $336 million, which is a 27 percent rise from the same quarter the previous year, and is up 5.3 percent from the previous quarter. The company reported that income for the quarter totaled $27 million, which is a 36 percent increase from the Q3 of 2011 and an 8.2 percent increase from the previous quarter.
EMC Corporation (NYSE:EMC) announced that MRC Technology, a healthcare technology transfer company and charity with its own drug discovery laboratories, chose EMC OnDemand, which is a private cloud deployment model for enterprise-class applications. EMC OnDemand service is a fully-managed service, and it allows MRCT to focus its resources on the management of intellectual property and medical and scientific documentation, not on maintaining the technology infrastructure required to support it.