Marvell Technology (MRVL) gained 43 cents to $9.90 in New York. The maker of chips for computers and mobile phones reported fourth-quarter earnings-per-share of 19 cents, beating analysts’ estimates of 13 cents.
First Solar Inc. (FSLR), the world’s largest maker of thin-film solar panels, dropped 3.5 percent to $33.21 in early trading. The stock was downgraded to underperform from sector perform at Pacific Crest Securities.
Nordson Corp. (NDSN) slid 6.7 percent to $65.25 in New York trading. The Ohio-based maker of machines that apply adhesives to consumer and industrial products said it expects second- quarter earnings-per-share of between 78 cents and 87 cents, compared with estimates of 93 cents.
Texas Instruments Inc. (TXN) rose 1.4 percent to $32.94 in German trading. The largest maker of analog chips, increased its quarterly dividend by 33 percent and said it added $5 billion to its stock repurchase program.
Google Inc. (GOOG) on Thursday unveiled the first touch-screen laptops powered by its Chrome operating system—the latest foray into hardware development for the company best known for its Internet search and mobile software.
The new computers will be sold through the Google Play online store and BestBuy.com, and people can test them in select Best Buy Co. (BBY) stores in the U.S. and Dixons (DXNS.LN) PLC’s PCWorld stores in the U.K.
Chip maker Intel Corp. (INTC) has been particularly vocal about pushing PC makers to embrace the trend on thin portables called Ultrabooks, which include models that can be operated in a tablet or clamshell model. Most use Microsoft Corp.’s (MSFT) Windows 8 operating system, which has a new touch-screen interface.