On Tuesday, Applied Materials, Inc.(NASDAQ:AMAT)’s shares declined -3.45% to $15.10.
Applied Materials, Inc. declared that its Board of Directors has approved a quarterly cash dividend of $0.10 per share payable on the company`s common stock. The dividend is payable on December 10, 2015 to stockholders of record as of November 19, 2015.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. The company’s Silicon Systems Group segment develops, manufactures, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits.
Advanced Micro Devices, Inc.(NASDAQ:AMD)’s shares dropped -4.42% to $1.73.
AMD (AMD) declared a new agreement with Mentor Graphics Corporation (NASDAQ: MENT) to now provide customers access to Mentor Embedded Sourcery™ CodeBench Lite for AMD Embedded ARM® solutions alongside AMD x86 Embedded solutions. The agreement strengthens AMD’s technology partnership with Mentor Graphics, a leading maker of embedded software and open source tools, and creates a comprising development ecosystem across processor architectures.
In 2014, AMD and Mentor Graphics agreed to create an embedded software ecosystem for developers. The Mentor Embedded Sourcery CodeBench product goes beyond just the compiler to provide developers with powerful open source, embedded C/C++ development tools to build, debug, analyze and optimize embedded software. These tools enable developers to build software in complex heterogeneous architectures based on forthcoming AMD 64-bit ARM processors counting the forthcoming AMD system-on-chip (SOC) (codenamed “Hierofalcon”), in addition to x86 processors counting the AMD Embedded G-Series SOC (formerly codenamed “Steppe Eagle”) and the 2nd Generation AMD Embedded R-Series APU (formerly codenamed “Bald Eagle”).
Advanced Micro Devices, Inc. is a global semiconductor company with facilities across the world. The Company offers x86 microprocessors, as standalone devices or as incorporated as an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors, dense servers, semi-custom System-on-Chip (SoC) products and technology for game consoles.
At the end of Tuesday’s trade, Kinross Gold Corporation (USA) (NYSE:KGC)‘s shares dipped -5.78% to $1.63.
Kinross Gold Corporation (KGC) declared that it has updated its 2015 full-year guidance for all-in sustaining cost, cost of sales, capital expenditures, production and overhead.
The positive adjustments are:
- All-in sustaining cost per gold equivalent ounce (Au eq. oz.) sold guidance loweredto $975-$1,025 from $1,000-$1,100.
- Cost of sales per Au eq. oz. guidance range loweredto $690-$730 from the previous guidance range of $720-$780.
- Capital expenditure guidance loweredto $650 million from $725 million.
- Production guidance range narrowed upwardto 2.5-2.6 million Au eq. oz. from the previous guidance range of 2.4-2.6 million Au eq. oz.
- Overhead (general and administrative, and business development expenses) predictable to be below guidance of $205 million. Kinross is also exploring additional opportunities to reduce overhead costs as part of a company-wide spending review, the results of which will be declared in the third quarter of 2015.
Kinross Gold Corporation, together with its auxiliaries, engages in the acquisition, exploration, and development of gold bearing properties. It is involved in mining and processing gold and silver ores.
NVIDIA Corporation (NASDAQ:NVDA), ended its Tuesday’s trading session with -2.72% loss, and closed at $22.89.
Japan’s largest IT society, the Information Processing Society of Japan (IPSJ), honored NVIDIA ( NVDA) Chief Scientist and Senior Vice President of Research Bill Dally with the Funai Achievement Award for his extraordinary achievements in the field of computer science and education.
Dally is the first non-Japanese scientist to receive the award since the first two awards were given out in 2002 to Alan Kay (a pioneer in personal computing) and in 2003 to Marvin Minsky (a pioneer in artificial intelligence).
The Funai Achievement Award recognizes Dally’s accomplishments in computer architecture, particularly in the areas of parallel computing and Very Large Scale Integration processing. The IPSJ noted that Dally has made major contributions in education at the Massachusetts Institute of Technology, Stanford University, and in industry as NVIDIA’s chief scientist.
NVIDIA Corporation operates as a visual computing company in the United States, Taiwan, China, the rest of Asia Pacific, Europe, and other Americas. The company operates through two segments, GPU and Tegra Processors. The GPU segment offers processors, which comprise GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla GPU accelerators for researchers, deep learning, and big-data analysts; and GRID for cloud-based streaming on gaming devices.
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