Altera says Intel to manufacturing future chips
By Noel Randewich | February 26, 2013 8:28 AM EST
Altera and rival Xilinx together dominate the market for programmable microchips and access to Intel's industry-leading fabs could give it a major advantage.
"Altera gains a tremendous competitive advantage at the high end in that we are the only major (programmable chip) company with access to this technology," Altera said in a press release on Monday.
Shares of Altera were unchanged in extended trading after closing down 0.96 percent at $35.01.
(Reporting By Noel Randewich; Editing by Gary Hill)