A rebound in purchases of personal computers worldwide will lead to a 2.8 percent increase in shipments this year, driven by sales of netbooks, according to a technology research firm.
BofA Merrill Lynch lowered its 2010 growth forecast for global semiconductor industry and downgraded ten chipmakers, including Intel, turning more cautious on the group on expectations of a modest overshoot in global supply chain inventories.
Wednesday, 18 Nov 2009 | Posted By:
Steve Liesman | Source: CNBC.com
The sliding dollar has been a big reason why US stocks have rallied this year. But companies with strong foreign sales—which benefit most from the weak dollar—have had the biggest gains by far.
Wednesday, 18 Nov 2009 | Source: The Associated Press
Chip maker Advanced Micro Devices Inc. is using its $1.25 billion settlement check from rival Intel Corp. and a new $500 million bond offering to pay off $1 billion in debt.
BRUSSELS (Reuters) - The European Ombudsman rebuked European Union regulators on Wednesday for procedural errors in their antitrust probe of Intel but the censure will not affect a 1.06 billion euro ($1.58 billion) fine against the U.S. chipmaker.
The European Ombudsman rebuked European Union regulators on Wednesday for procedural errors in their antitrust probe of Intel but the censure will not affect a 1.06 billion euro ($1.58 billion) fine against the U.S. chipmaker.
Monday, 16 Nov 2009 | Source: The Associated Press
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.
Thursday, 12 Nov 2009 | Source: The Associated Press
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:
I've just gotten off the phone with Andy Bryant, Intel's former Chief Financial Officer and now the company's Chief Administrative Officer, who offered to walk me through some of the background connected to this case, and the reasons why Intel is settling the case now.... Read More