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Chip maker Advanced Micro Devices Inc. said Tuesday it has named Nicholas M. Donofrio, 64, to the its board of directors.
Moody's Investors Service said Monday it is hiking its credit ratings for Advanced Micro Devices Inc. after the chip maker won a $1.25 billion settlement in its antitrust dispute with rival Intel Corp.
Intel Corp. says it will pay $1.25 billion to Advanced Micro Devices Inc. in a settlement announced Thursday. The following is a look at the legal battles between Intel and AMD, which supply essentially all of the microprocessors for today's personal computers:
Intel Corp. will pay $1.25 billion to make peace with Advanced Micro Devices Inc., as the companies whose microprocessors run nearly all personal computers finally found common ground in a bitter and colorful dispute that caused international antitrust trouble for Intel.
Among the earnings projection stories for Wednesday, Nov. 11, from AP Financial News:
Advanced Micro Devices Inc. said Wednesday its gross profit margin should improve next year as chip sales pick up.
Hector Ruiz, former CEO of chip designer Advanced Micro Devices Inc., is leaving his job with a spinoff company after a published report linking him to the Galleon Group insider trading case.
Chip maker Advanced Micro Devices Inc. is "thoroughly reviewing" published reports fingering former chairman and CEO Hector Ruiz as the AMD executive who gave confidential company information to a defendant in the Galleon Group insider trading case.
Advanced Micro Devices Inc. lost money in the third quarter but said Thursday that sales were stronger than expected, adding to mounting evidence that consumer spending is fueling a turnaround in the personal computer market.
The European Union on Monday published e-mail excerpts from computer makers and Intel Corp. to show that Intel pressured chip buyers into choosing Intel over rival Advanced Micro Devices Inc.
Shares of chip maker Advanced Micro Devices Inc. rose 6 percent in premarket trading on Monday after a Citigroup analyst upgraded it to "Buy" from "Hold," saying he sees a chance for increased market share with AMD's main customer, PC maker Hewlett-Packard Co.
Work on a $4.2 billion chip plant supplying Advanced Micro Devices Inc. starts Friday in a woodsy patch of upstate New York — across the Atlantic from AMD's sister factories and in the middle of a recession.
Advanced Micro Devices Inc. narrowed its loss in the second quarter, though not by as much as Wall Street hoped. Its sales slumped 13 percent.
Investors held on to the stock market's rally Friday, extending a two-week jump that has added 11 percent to the stock market's major indicators. Disappointing results from Microsoft Corp. and Amazon.com Inc. hit technology shares, however, and dragged the Nasdaq composite index lower.
Advanced Micro Devices Inc. is a scrappy underdog whose 40-year history in the computer chip business has been punctuated by bursts of technological innovation and severe downturns. Now it is celebrating a $1.45 billion antitrust fine against the Silicon Valley rival it blames for many of its woes: Intel Corp.
Advanced Micro Devices Inc.'s loss widened in the first quarter as demand and prices for its microprocessors slumped and charges for the biggest restructuring in the company's 40-year history took their toll.
Chipmaker Intel Corp. intensified a patent fight with Advanced Micro Devices Inc. Monday, saying its competitor violated a licensing agreement and that it was prepared to revoke AMD's permission to use its technology.
Advanced Micro Devices Inc. cut its fourth-quarter loss, but not as sharply as Wall Street had hoped, as the chip maker absorbed a big charge for the falling value of an acquisition.
Advanced Micro Devices Inc. is expected to post more losses for the fourth quarter as the slumping chip maker undergoes a wrenching restructuring.
Advanced Micro Devices Inc. reports fourth-quarter results after the market closes Thursday. Below is a summary of key developments and analyst opinion related to the period.
Qualcomm Inc. said Tuesday it purchased some handheld graphics and multimedia technology assets from Advanced Micro Devices Inc. for $65 million in cash.
Advanced Micro Devices Inc. plans to cut 1,100 jobs, 9 percent of its global staff, and slash the remaining employees' pay as the chip maker hopes its third round of layoffs in a year can help it get through a brutal market for computer sales.
Chip maker Advanced Micro Devices Inc. said Monday it will end up owning less of its factories than previously negotiated after they're spun off into a venture with the investment arm of the Persian Gulf state of Abu Dhabi.
Chip maker Advanced Micro Devices Inc. warned Thursday its fourth-quarter revenue will drop about 25 percent from third-quarter levels due to weaker-than-expected demand, particularly in the consumer market.
Many of the problems facing Advanced Micro Devices Inc. are of its own making. But the limited choices the chip maker has for solving its troubles are symptoms of an affliction sweeping through Silicon Valley.
Former AMD chief identified as leak in Galleon insider trading caseThe far-reaching insider trading scandal now appears to have reached the top ranks of the high-tech industry with reports Tuesday that Hector Ruiz, former CEO and chairman of Sunnyvale chip company Advanced Micro Devices, leaked confidential AMD information to alleged conspirator …
AMD CEO sees Netbooks going awayAdvanced Micro Devices' chief executive predicts that Netbooks will eventually disappear. "The distinction between what is a Netbook and what is a notebook is going to go away," AMD CEO Dirk Meyer said Thursday in the company's earnings conference call.
AMD Costs Layoffs at $70M, Can't Say Yet About ATI Writedown"Advanced Micro Devices has put the cost of the layoffs and other cost reductions it announced during the fourth quarter at around US$70 million, higher than it had expected, but said it can't yet put a value on a goodwill impairment charge it will make related to its 2006 acquis …
AMD to Spin Off Manufacturing OperationsAdvanced Micro Devices(AMD Quote - Cramer on AMD - Stock Picks) confirmed Tuesday a plan to cut costs by spinning off its manufacturing operations to a new joint venture with an Abu Dhabi investment firm.
Money demands stall the next Pavlik boutWinky Wright and Paul Williams are among the contenders. More than a month after Kelly Pavlik's first middleweight title defense, his next opponent remains a mystery — and that might not change for awhile. Not surprisingly, the biggest issue is money
AMD to lay off 10% of workersAdvanced Micro Devices, reporting a slump in sales, said Monday it will cut 1,680 employees, or about 10 percent of its worldwide workforce, between now and September.
The secret recipe inside Intel's latest competitorIt works like an Intel chip, but looks like the Cell processor. That's one way of describing the energy-efficient multiple core processors being devised by secretive Montalvo Systems.
AMD's tough timesThere was a time when Advanced Micro Devices was on a roll, and really seemed to have Intel's number--especially in the server space.
A New Entry From A.M.D. In Chip WarsAdvanced Micro Devices is counting on a new high-performance computer chip to hold on to hard-fought market share it has won from its principal rival, Intel.
How Israel saved IntelBasically about the Core2Duo chip that was designed in Haifa, just as Intel's market share was trending downwards.
AMD - A Target For Buyout?Shares of Advanced Micro Devices Inc. (AMD.N: Quote, Profile, Research) rose more than 5 percent on Monday amid chatter that the No. 2 maker of computer microprocessors may be a takeover target.
$100 laptop project launches 2007 "In fact, one of the saddest but most common conditions in elementary school computer labs (when they exist in the developing world), is the children are being trained to use Word, Excel and PowerPoint," Mr Negroponte said.
New Dell AMD-Based Desktops to Ship This WeekDell on Tuesday pulled the veil off its first desktop PCs based on processors from Advanced Micro Devices and said the maiden AMD-based systems, the Dimension C521 and Dimension E521, will ship later this week.
Intel pulls ATI chipset licenseThere is a lot of news surrounding ATI at the moment, especially with the AMD buy out confirmed earlier today. Intel has pulled ATI's chipset license, meaning that there will be no more ATI (or rather, AMD) chipsets for Intel processors after the end of the year.
AMD-ATI Merger Looks LikelyAdvanced Micro Devices may be looking to buy graphics company ATI Technologies, a move that would benefit the overall graphics industry, according to RBC Capital Markets.
AMD's lawyers call on SkypeAs part of its ongoing antitrust case against Intel, Advanced Micro Devices on Tuesday served Skype with a subpoena demanding documents related to its deal to make one feature in Skype 2.0 available exclusively to Intel users.
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