The $37 billion acquisition comes as chip makers look to rapidly broaden their portfolios in an increasingly mobile world with more connected devices.
NEW DELHI India's economy grew faster than China's in the quarter through March, data showed on Friday, but a sharp downward revision for the previous quarter has added to doubts about the accuracy of a new method used to measure economic activity.
Altera Corp. shares rose in German trading after the New York Post reported that Intel Corp. is near a deal to buy the semiconductor manufacturer for about $15 billion.
Is Thursday's $1.2 billion antitrust settlement between the Federal Trade Commission and Teva Pharmaceutical Industries a victory for consumers?
U.S. stock futures were largely unchanged, keeping the market on course to open lower on Friday, after data showed that the economy contracted in the first quarter.