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Week ahead: It's in the chips

Marquee chipmakers Intel and AMD are scheduled to report quarterly results, as are a number of other tech heavyweights.

4 min read
Following are some of the notable technology-related events scheduled for the week of July 11. The big news this week is earnings results from chipmakers.

On deck are Intel, Advanced Micro Devices, Cypress Semiconductor and Fairchild Semiconductor. Industry analysts will no doubt be watching numbers closely for signs of increased IT spending. Hardware makers are generally expected to meet earnings expectations, with second-quarter sales being seasonally lower.

Also of note for chip enthusiasts is Semicon West, which will cover wafer processing on Monday in San Francisco and move on to the San Jose Convention Center on Wednesday to cover manufacturing. The show is the largest in the United States for makers of semiconductor equipment.

Semicon is by no means the only confab on the calendar. Microsoft is holding its annual gathering for partners in Toronto, where CEO Steve Ballmer will be on hand. Meanwhile, IDG World Expo will be hosting Macworld next week in Boston. The return to Beantown will be somewhat subdued, though, given that Apple Computer has chosen to skip the event. Still, a panel on the Mac at 20 will feature a number of the original machine's creators, including Jef Raskin, Andy Hertzfeld and Bill Atkinson.

Other notable figures making appearances this week: FCC Chairman Michael Powell, RealNetworks CEO Rob Glaser and Sun Microsystems Chief Operating Officer Jonathan Schwartz. All are among the speakers set for the Innovation Summit in Palo Alto, Calif.

In addition to chipmakers, a batch of notable tech companies is reporting financials in the coming week, including Apple, Nokia, Juniper Networks and a crowd of others.

The information was gathered from Thomson First Call, Hoover's Online and CNET News.com Investor.

Events scheduled this week:

Tech Events

Sunday, July 11

Monday, July 12

  • The largest U.S. trade show for chip-manufacturing equipment, Semicon West is scheduled to be in San Francisco, July 12-14, at Moscone Center, and in Silicon Valley, at the San Jose Convention Center, July 14-16.

Tues, July 13

  • FCC Chairman Michael Powell, RealNetworks CEO Rob Glaser and Sun Microsystems Chief Operating Officer Jonathan Schwartz will speak at the AlwaysOn Innovation Summit, July 13-15 in Palo Alto, Calif.

Earnings

Tuesday, July 13

  • Chip powerhouse Intel is expected to report a second-quarter profit of 27 cents a share.

  • Royal Philips Electronics makes consumer electronics products. It's scheduled to report second-quarter results. Analyst expectations were not available.

  • Juniper Networks designs and sells products for Internet Protocol networks. It's expected to report a second-quarter profit of 4 cents a share.

Wednesday, July 14

  • Mac and iPod maker Apple Computer is expected to report a third-quarter profit of 15 cents a share.

  • SanDisk is a maker of flash memory storage cards. It's expected to report a second-quarter profit of 30 cents per share.

  • News.com publisher CNET Networks operates a network of Web sites related to technology. It's expected to report a second-quarter loss of a penny a share.

Thursday, July 15

  • Cypress Semiconductor is a maker of integrated circuits used across a wide range of markets. It's expected to report a second-quarter profit of 23 cents a share.

  • Fairchild Semiconductor is a maker of chips used in computers; Internet hardware; and communications, networking and storage equipment. It's expected to report a second-quarter profit of 23 cents a share.

  • Lexar Media is a maker of flash-based storage cards used in cameras and other consumer electronics devices. It's expected to report a second-quarter profit of 19 cents a share.

  • Netflix is an Internet-based DVD rental service. It's expected to report a second-quarter profit of 13 cents a share.

  • Phone maker Nokia is expected to report a second-quarter profit of 18 cents a share.

  • PMC-Sierra designs, develops, markets and supports semiconductors, storage and high-speed broadband communications. It's expected to report a third-quarter profit of 7 cents a share.

  • Rambus is a supplier of RDRAM (rambus dynamic random access memory). It's expected to report a second-quarter profit of 6 cents a share.

Economic Reports

Wednesday, July 14

  • Retail Sales measures total receipts from U.S. stores. Growth for June is expected to drop to 0.7 percent, from 1.2 percent in May.

Thursday, July 15

  • Initial Claims is the weekly total of new claims filed for unemployment compensation. The market expects the total to increase to 333,000 for the week ended July 9, from 310,000 the previous week.