Transmeta Shares Rise on Chip Order From HP
- Share via
From Bloomberg News
Shares of chip maker Transmeta Corp., whose computer chips vie with Intel Corp.’s, rose 29% after the smaller company won an order from Hewlett-Packard Co. for semiconductors to be used in two computers.
Transmeta gained 55 cents to $2.46 on Nasdaq. The stock has more than doubled this year.
Hewlett-Packard will use two of Santa Clara, Calif.-based Transmeta’s Crusoe processors in simplified personal computers controlled by servers running the operating system software.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
