Transmeta Corp. (TMTA)
| Last Trade: | 1.32 | | Trade Time: | 4:00PM ET | | Change: |  0.15 (12.82%) |
Processor technology company Transmeta Corp. is expanding the initial scope of Toshiba's license to use the company's LongRun2 processor technologies. Japan-based Toshiba will now be able to use LongRun2 for the complete range of semiconductors made suing 90-nm through 22-nm processes. Transmeta's (Santa Clara, Calif.) LongRun2 technologies allow manufacturers and chip designers to reduce power consumption and variations between chips. The technologies enables designers to minimize transistor leakage, thus allowing chips to run at lower power. "Managing chip power and transistor leakage is a critical issue for the semiconductor industry, and we are pleased to see Toshiba's license expansion as a sign of increasing confidence in the value of Transmeta's LongRun2 technologies," said Arthur Swift, president and chief executive of Transmeta, in a statement.
Adobe Systems up $3.98 to $37.63, rallied almost 12 percent Friday morning after reporting quarterly earnings and revenue late Thursday that topped estimates. The software maker also issued bullish current-quarter earnings and revenue guidance. The Goldman Sachs software index added 1.3 percent. The tech sector has bounced all week amid sector rotation, as investors have pulled money out of oil, gold and silver stocks and put it into tech and other sectors. |
