Adesto Technologies Corporation IOTS fourth-quarter 2019 results are expected to benefit from strong demand for the company's IOT related offerings. For the quarter, the company expects revenues in the range of $32-$35 million. The Zacks Consensus Estimate for revenues is currently pegged at $33.6 million, indicating growth of 19.5% from the year-ago quarter. The consensus mark for fourth-quarter earnings has been steady at 4 cents over the past 30 days. The company had reported loss of 4 cents in the year-ago reported quarter.

Wave Computing will describe a chip that can train neural networks ten times faster than Nvidia--s top GPUs while consuming the same power. Wave's chip is one of a handful of announcements at next week's Linley Processor Conference. Also at the event, Ceva will describe a new DSP core for computer vision, Adesto will detail a NOR chip that can handle both storage and execute code and ARM will announce a new member of its family of on-chip interconnects. The news comes at a time of growing specialization in microprocessor design, according to the event's host, veteran chip analyst Linley Gwennap. "In the 1970's and '80's people created a lot of different architectures, but over the past 20 years work has consolidated more on to ARM and x86," said Gwennap, principal of the Linley Group.