LONDON – Wireless and broadband fabless chip company Broadcom Corp. has raised its financial guidance for the fourth quarter of 2011. The company has increased it net revenue guidance to high-end of the previous range to approximately $1.8 billion.
"Broadcom's Q4 is coming in stronger than expected driven by solid shipments and tight operational management," said Scott McGregor, CEO of Broadcom, in a statement.
Broadcom's raised guidance differs from many other companies' behavior including Intel, Texas Instruments, Altera, FormFactor, Sequans, which have all lowered guidance often citing weak demand. Nonetheless Broadcom's net revenue is forecast to show a sequential decline from $1.96 billion in the third quarter of 2011.
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.