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Friday, December 13, 2013

ARM shares rise on report Google may use its chip designs, (NASDAQ: GOOG), (NASDAQ: TXN)

British chip designer ARM Holdings Plc's shares rose as much as 5.7 percent after Bloomberg reported on Thursday that Google Inc may use ARM's technology to design its own server processors.A deal would speed up ARM's push into the server market, where it has been a late entrant.ARM's chief executive, Simon Segars, said in March after taking the helm that he saw big opportunities in servers, an area where the company was just getting started.ARM licenses its designs to chipmakers such as Qualcomm and Texas Instruments, whose chips are used in Apple Inc's iPhone and Samsung Electronic Co's Galaxy devices.

Google Inc. (Google) is a global technology company. Shares of GOOG fell by 0.41% or $-4.39/share to $1065.57. In the past year, the shares have traded as low as $695.52 and as high as $1092.31. On average, 1810290 shares of GOOG exchange hands on a given day and today's volume is recorded at 983807.

Texas Instruments Inc. (TI) designs and makes semiconductors that the Company sells to electronics designers and manufacturers all over the world. Shares of TXN fell by 0.24% or $-0.1/share to $42.32. In the past year, the shares have traded as low as $30.30 and as high as $43.67. On average, 5952850 shares of TXN exchange hands on a given day and today's volume is recorded at 1947705.



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