Stay updated with breaking news from Programmable Solutions Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Intel has launched Altera as an independent company which will focus on FPGA hardware. While Altera is a separate company, Intel will hold a majority stake in the company so it'll be influential.
WiSig Networks said it spearheaded the development of the solution on chipset from Intel's Programmable Solutions Group (PSG) which it claims to deliver a 10 times improvement in uplink cell edge coverage.
Intel revealed that its standalone FPGA company previously known as the Programmable Solutions Group will take its original Altera name and chase a $55 billion-plus market opportunity.
Shares of semiconductor designer Lattice Semiconductor (NASDAQ:LSCC) jumped 6.2% in the morning session after continued upward momentum after the company reported fourth-quarter earnings. Specifically, earnings initially resulted in a decline in the stock. However, the market seems to have reacted positively to results after Lattice's management stated that underperformance in the quarter was due to temporary cyclical factors impacting the broader industry rather than company-specific headwinds.
These AI-powered stocks can grow rapidly in the coming years.