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Hassane El-Khoury is more proud of growing Cypress's pro forma net income by more than 60 percent than he is of the company's second consecutive quarter of record sales.
A multisource agreement will lead to a speed doubling of the small form-factor (SFP) pluggable module used in many datacenters.
The booming memory chip market propelled South Korean conglomerate past Intel in semiconductor sales in the second quarter, as some analysts had predicted.
Fab tool billings grew again in June on both a sequential and year-over-year basis as the industry continues to enjoy what is projected to be its best year ever.
Intel reported revenue and profit growth and raised its annual forecast, in part on the strong of PC sales.
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