…a brand rather than letting it sit stagnant on just one model. First, it would seem Nvidia realizes the Titan is a little too expensive at $1,000 — regardless of its strength and efficiency — and will be releasing a budget model of the card. The cheaper model, dubbed the GTX Titan LE, will reportedly feature 208 TMUs and 2,496 CUDA cores (the standard Titan has 240 TMUs and 2,688 CUDA cores). The LE’s memory will also drop from 6GB of DDR5 to 5GB, but its power consumption will drop as well, from the standard model’s 206W to around 180W or so.
AMD Welcomes Raja Koduri as Corporate Vice President, Visual Computing (MarketWatch)
Advanced Micro Devices, Inc. (NYSE:AMD) today announced that Raja Koduri, 44, has rejoined the company as corporate vice president, Visual Computing, reporting to Mark Papermaster, senior vice president and chief technology officer. In his new role, Koduri will have overall responsibility for driving AMD’s innovation in visual and accelerated computing. “Maintaining AMD’s position as a leader in visual computing is the key to our long-term success. As one of the industry’s foremost experts in developing leading-edge visual computing solutions, Raja brings exceptional vision and strength to AMD’s world-class engineering leadership team,” said Papermaster. “Given his past record of success, Raja will help Advanced Micro Devices, Inc. (NYSE:AMD) lead the way in visual and accelerated computing and ensure we continue developing the industry-leading graphics IP that forms the foundation for our future growth.”
Intel Corporation (INTC): Key Takeaways From The Earnings Call, A Look Back (Insider Monkey)
Intel Corporation (NASDAQ:INTC)’s profits fell 25% year-over-year in the first quarter, and missed estimates by a penny per share. On the company’s earnings call management noted the declining PC market is a significant headwind to the company, but remained optimistic for the latter half of the year. Retiring CEO Paul Otellini stated, “The company’s core architectural and manufacturing strength have never been more valuable.” As a chipmaker, Intel remains at the forefront of manufacturing, inventing new processes that allow it to deliver on the promise of Moore’s Law. As companies like Apple Inc. (NASDAQ:AAPL), Samsung, and even Microsoft Corporation (NASDAQ:MSFT) design computers made to look like watches, battery life will play a significant role. What good is a watch that only works for 12 hours? Intel Corporation (NASDAQ:INTC)’s manufacturing strength lends itself to high-efficiency chips that these devices require.
NVIDIA to return $1 billion to shareholders in current fiscal year (Tempo)
NVIDIA Corporation (NASDAQ:NVDA) announced that it will return $1 billion this fiscal year to shareholders in the form of stock buybacks and dividend payments, including $100 million in stock being repurchased this quarter. This will bring to $1.2 billion the total capital returned to shareholders since the company announced its quarterly dividend programme in November 2012.
Forbes Earnings Preview: ARM Holdings plc (ADR) (Forbes)
Optimism surrounds ARM Holdings plc (ADR) (NASDAQ:ARMH), as it gets ready to report its first quarter results on Tuesday, April 23, 2013. Analysts are expecting the company to book a profit of 17 cents a share, up from 13 cents a year ago. Analysts are projecting earnings of 76 cents per share for the fiscal year. Revenue is projected to be $250.7 million for the quarter, 18.4% above the year-earlier total of $211.7 million.
SES + Harmonic + Broadcom… (SatBroadcasting™—Ultra HD) (SatNews Publishers)
SES (NYSE Euronext Paris and Luxembourg Stock Exchange:SESG) announced that, together with its partners Harmonic and Broadcom Corporation (NASDAQ:BRCM), it has pioneered the first Ultra HD transmission in the new HEVC standard live from an ASTRA satellite at 19.2 degrees East. The HEVC standard features…