Tech Five: Fairchild shares up off revised takeover bid

Shares of Fairchild Semiconductor are moving off a potential takeover deal from a Chinese company. Meanwhile, video game publisher Activision-Blizzard makes a key acquisition.

Let's look at tech stocks to watch Tuesday:

Fairchild Semiconductor. Shares jumped in morning trading after the company said a revised takeover bid from China Resources could be superior, reports Reuters. Fairchild could make an announcement Tuesday.

Activision-Blizzard. The publisher acquired the assets of Major League Gaming for an undisclosed amount. Activision CEO Bobby Kotick says the deal will move them closer to creating "the ESPN of eSports."

Yahoo. The media giant shut down its video hub Yahoo Screen. The service hosted programming including Saturday Night Live and the sit-com Community, which previously aired on NBC.

Nvidia. At the Consumer Electronics Show, the chip maker introduced Drive PX2, an in-car AI supercomputer that helps car sense what's nearby and drive autonomously. Nvidia says the tech uses "deep learning" to give cars 360-degree situational awareness and choose the best path.

Intel. The chip maker announced it will acquire German drone maker Ascending Technologies. Josh Walden, senior vice president and general manager of Intel's New Technology Group, says the move helps them accelerate technology to make drones smarter.

Follow Brett Molina on Twitter: @brettmolina23.