Imagination share price drops 60% following Apple reports
By Steve Bush, ElectronicsWeekly
3rd April 2017
Imagination Technologies’ share price has suddenly dropped over 60%. Reports, including in the Financial Times and City AM, suggest Apple will not be using Imagination intellectual property in Apple products. The price went from 270 to around a 100 over the weekend, where it has stayed this morning.
E-mail This Article | Printer-Friendly Page |
Related News
- TrendForce Reports Top 10 Semiconductor Foundries Worldwide for 1H18, TSMC Ranks First with an Estimated Market Share of 56.1%
- ARM share price soars on Windows reports
- Virage Logic Reports Second-Quarter Fiscal 2006 Results; Revenues up 11% and Royalties up 46% Sequentially; GAAP EPS of $0.01, Including $0.05 Per Share of After-Tax Stock-Based Compensation Expense
- Rambus Reports First Quarter Earnings; Earnings Per Share of 4 Cents; Revenue Growth of 22% Over the First Quarter Last Year
- Rambus Reports First Quarter Earnings - Earnings per share of 7 cents for first quarter with revenue growth of 16% over the same quarter last year
Breaking News
- PUFsecurity Unveils Next-Gen Crypto Coprocessor PUFcc7 Featuring High-speed Performance and TLS 1.3 Support
- SEMIFIVE Starts Mass Production of its 14nm AI Inference SoC Platform based Product
- VeriSilicon's complete Bluetooth Low Energy IP solution is fully compliant with LE Audio specification
- TASKING and Andes Announce FuSa Compliant Compiler Support for Andes RISC-V ASIL Compliant Automotive IP
- Efabless Launches an "AI Wake Up Call" Open-Source Silicon Design Challenge
Most Popular
- Qualitas Semiconductor and Ambarella Sign Licensing Agreement
- ZeroPoint Technologies Signs Global Customer to Bring Hardware-Accelerated Compression to Hyperscale Data Centers
- Chiplet Interconnect Pioneer Eliyan Closes $60 Million Series B Funding Round, Co-led by Samsung Catalyst Fund and Tiger Global Management to Address Most Pressing Challenge in Development of Generative AI Chips
- Intel and Arm Team Up to Power Startups
- Alphawave Semi and InnoLight Collaborate to Demonstrate Low Latency Linear Pluggable Optics with PCIe 6.0® Subsystem Solution for High-Performance AI Infrastructure at OFC 2024