Fremont, California -- Feb. 17, 1998 -- Credence Systems Corp. (Fremont, Calif.) reported results for its first quarter ended January 31, 1998. Net sales for the first quarter of fiscal 1998 were a record $82.4 million, an increase of 19 percent and 105 percent over the net sales of $69.4 million in the fourth quarter of fiscal 1997 and $40.3 million in the first quarter of fiscal 1997, respectively. Net income for the first quarter of fiscal 1998 was $9.2 million or $0.41 per diluted share, an increase of 27 percent from the $7.3 million or $0.32 per diluted share recorded in the fourth quarter of fiscal 1997, and an increase of 772 percent from the $1.1 million or $0.05 per diluted share recorded in the first quarter of fiscal 1997.
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.