22.07.2013 14:00:00
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New Products, Design Wins, Quarterly Results, and New Appointments - Research Report on Intel, SanDisk, Cree, NVIDIA, and Marvell
NEW YORK, July 22, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Intel Corporation (NASDAQ: INTC), SanDisk Corporation (NASDAQ: SNDK), Cree, Inc. (NASDAQ: CREE), NVIDIA Corporation (NASDAQ: NVDA), and Marvell Technology Group Ltd. (NASDAQ: MRVL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Intel Corporation Research Report
On July 17, 2013, Intel Corporation (Intel) reported its Q2 2013 financial results. The Company's revenue increased 1.6% QoQ to $12.8 billion. Net income stood at $2.0 billion or EPS of $0.39 as compared to $2.1 billion or $0.40 in Q1 2013. Intel CEO Brian Krzanich stated, "Looking ahead, the market will continue buying a wide range of computing products." Krzanich further added, "Intel Atom and Core processors and increased SOC integration will be Intel's future." For Q3 2013, Intel expects revenue to be in the range of $13.5 billion, plus or minus $500 million. For full-year 2013, the Company expects revenue to be approximately flat on a year-on-year basis, down from the previous expectations of low single digit percentage increase. The Full Research Report on Intel Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3f94_INTC]
SanDisk Corporation Research Report
On July 17, 2013, SanDisk Corporation (SanDisk) announced results for Q2 2013. Revenue for the period jumped 43% YoY to $1.5 billion. GAAP net income rose to $262 million or $1.06 per diluted share, compared to $13 million or $0.05 per diluted share in Q2 2012. Sanjay Mehrotra, President and CEO of SanDisk, said, "We delivered record second quarter results driven by increasing momentum across our business. We achieved solid revenue growth in our embedded solutions portfolio with many design wins ramping into production." He further added, "We are excited about our pending acquisition of SMART storage systems, as it accelerates our growth in enterprise storage." The Full Research Report on SanDisk Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5a87_SNDK]
Cree, Inc. Research Report
On July 16, 2013, Cree, Inc. (Cree) introduced the Cree LED BR30 Flood Light. According to the Company, the new product delivers consumers a flood light that looks and lights similar to a traditional incandescent BR30 but uses 85% less energy and is designed to last 25 times longer than comparable incandescent flood lights. Further, the Company said that the new BR30 flood light features a game-changing design, warm light, long life, and an affordable price point. The new Cree LED BR30 is available exclusively at Home Depot and is backed by a 10-year limited warranty. It's priced at $19.97 for the soft white (2700-K) 65-watt incandescent replacement, and it is also available in a daylight (5000-K) color with a retail price of $21.97. The Full Research Report on Cree, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/feac_CREE]
NVIDIA Corporation Research Report
On July 17, 2013, NVIDIA Corporation (NVIDIA) launched the NVIDIA GeoInt Accelerator - the world's first GPU-accelerated geospatial intelligence platform. According to the Company, the new product offers defense and homeland security analysts with tools that enable faster processing of high-resolution satellite imagery, facial recognition in surveillance video, combat mission planning using geographic information system (GIS) data, and object recognition in video collected by drones. In addition, the Company also reported that it offers a complete solution consisting of an NVIDIA Tesla GPU accelerated system, software applications for geospatial intelligence analysis, and advanced application development libraries. Key applications of NVIDIA GeoInt Accelerator include DigitalGlobe, GeoWeb 3D, Imagus, IntuVision, LuciadLightspeed, and NerVVe Technologies. The Full Research Report on NVIDIA Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/77fb_NVDA]
Marvell Technology Group Ltd. Research Report
On July 15, 2013, Marvell Technology Group Ltd. (Marvell) announced that the Company's Board of Directors has appointed Weili Dai as President of the Company, effective from July 14, 2013. Commenting on the appointment, Dr. Sehat Sutardja, Chairman and CEO of Marvell said, "Since Weili Dai co-founded Marvell, she has been a driving force for the company's success. Her dedication to our customers, partners and stakeholders is widely recognized by the industry. Weili brings to the leadership role a long-term vision, integrity, strong principles, unrelenting drive, customer focus and passion for Marvell." The Company stated that Dai's business acumen, strategic thinking, endless passion, and personal network have led to the Company's ascent to one of the top semiconductor companies in the world. The Full Research Report on Marvell Technology Group Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4456_MRVL]
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