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The chipmaker's $700 million offering of convertible notes also priced, with the initial conversion price at $8 per share.
Add it all up and there are only a few chipmakers left standing.
Instead, chipmakers started to put the transistors toward more cores--essentially additional complete, independent processors from the perspective of software.
There's another potential risk for chipmakers and, by extension, their suppliers.
The world's biggest chipmaker said it will cut 12,000 jobs, or 11 percent of its global workforce, by the middle of next year.
Typically, though, the chipmakers are able to deliver the new hooks within a month or two.
The chipmakers are playing catch-up with their customers.
That's going to continue, but chipmakers predict companies focused on other areas also will jump into the market.
But the chipmaker hopes he starts showing up at a few more board meetings.
The chipmaker's investment values the startup, expected to go public later this year, at about $4.1 billion.
Over the past few years, the world's biggest chipmaker has been buying up companies to help make its chips smarter.
The chipmaker, whose shares hit a multiyear low today, has been struggling of late.
The chipmaker reported earnings of 59 cents per share on revenues of $13.53 billion.
No matter how the market shapes up, the chipmakers agree on one key thing: wearables are almost certainly going to shake up our lives in the years to come.
Top-quality engineers are hard to come by for chipmakers and other technology companies, and losing them can have a major impact on business, regardless of their seniority.
