Altera Updates Second Quarter Revenue Guidance

SAN JOSE, Calif., June 7, 2012 -- Altera Corporation (NASDAQ: ALTR) today announced updated second quarter 2012 revenue guidance. Sequential revenue growth for the second quarter is expected to be in line with the company's previous guidance for growth of 14 percent to 18 percent from the first quarter.

Altera's 40-nm and 28-nm products will be up strongly from first quarter levels. As previously expected, growth will be broad across most of the company's vertical markets. Second quarter results will be released after the market close on July 24, 2012.

About Altera

Altera programmable solutions enable system and semiconductor companies to rapidly and cost-effectively innovate, differentiate and win in their markets. Find out more about Altera's FPGA, CPLD and ASIC devices at www.altera.com.