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What: Shares of processor technologist MIPS Technologies
So what: MIPS reported first-quarter earnings last night, and it was all good news. Importantly, the company is signing up new licensees in the red-hot mobile electronics industry.
Now what: MIPS-based chips are traditionally found in places like set-top boxes and car engines, and not so much in smartphones -- but that may be changing soon. The company is a member of the Android steering committee, and management claims technical advantages over rival products from Intel
Interested in more info on MIPS? Add it to your watchlist by clicking here.
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