Altera says Intel to manufacturing future chips

By Noel Randewich | February 25, 2013 9:28 PM GMT

  • FOLLOW IBT: YOUR ONE-STOP NEWS SITE
  • Google Plus

Altera announced an agreement with Intel to manufacture Altera's programmable chips on Intel's cutting-edge 14 nanometer technology.

Share article

Altera and rival Xilinx together dominate the market for programmable microchips and access to Intel's industry-leading fabs could give it a major advantage.

"Altera gains a tremendous competitive advantage at the high end in that we are the only major (programmable chip) company with access to this technology," Altera said in a press release on Monday.

Shares of Altera were unchanged in extended trading after closing down 0.96 percent at $35.01.

  • FOLLOW IBTIMES
  • Google Plus

(Reporting By Noel Randewich; Editing by Gary Hill)

Copyright 2012 Thomson Reuters. All rights reserved.
Join the Conversation
Tech Review: BlackBerry Q10