Micron Technology Inc said it is acquiring privately held Numonyx Holdings B.V. on Tuesday in an all-stock deal valued at about $1.27 billion.
A former Intel Capital director pleaded guilty on Monday to fraud in the Galleon insider trading case, telling a New York court that hedge fund founder Raj Rajaratnam gave him money for personal needs and that he profited from illegal trades.
A former Intel Capital director pleaded guilty on Monday to fraud in the Galleon insider trading case, telling a court that hedge fund founder Raj Rajaratnam gave him money for personal needs and that he profited from illegal trades.
After two years of delays, Intel has launched its Itanium server processor and re-drawn the road map for its only chip not to use an x86 core.
Intel Corp's Israeli subsidiary said on Monday its exports surged 145 percent in 2009 to a record $3.4 billion and the company is hoping growth will continue with further expansion in the country.
The Nasdaq turned positive late in the session on Friday, while the Dow and the S&P pared losses to nearly flat as investors snapped up technology and materials stocks.
Cisco Systems Inc is expected to post its first quarterly revenue growth in more than a year when it reports results, as customers more confident about the economy upgrade their networks.
Advanced Micro Devices gained share in worldwide processor shipments at the expense of arch-rival Intel during the fourth quarter of 2009, according to new research.
The technology sector was a leader in the stock market rally on Monday, as Dow Jones Industrial Average gained 23.88 points, or 0.23 percent and the Dow Jones U.S. Technology Index gained 0.76 percent.
Intel said new contracts are in place to incorporate approximately 2.5 megawatts worth of new solar power projects as it moves to develop renewable energy sources.
Advanced Micro Devices Inc reported better-than-expected revenue on strong holiday spending but its shares slid more than 4 percent as investors cashed in recent gains.
Google Inc was among the first technology companies to shake off the recession last year, but the Internet giant's fourth-quarter report could not satisfy investors' increasing demand for stronger growth.
Advanced Micro Devices posted a fourth quarter profit on Thursday after the close, boosted by a settlement payment from rival Intel.
Intel powers nearly all of today's netbooks and ultra mobile devices, but it may find itself playing catch-up in as little as two years.
Dutch chip equipment maker ASML is expected to report an improvement in orders, indicating a technology sector recovery, but analysts said rising expectations could disappoint if any of the numbers slip.
Stellar results from Intel Corp could signal brighter tech earnings results in coming weeks, but analysts warn stocks themselves may be stuck in a short-term correction.
U.S. stocks slid on Friday, with bank shares leading the way, after JPMorgan Chase & Co reported deep fourth-quarter loan losses that raised concerns about earnings for the pivotal industry.
Technology company Intel Corp will receive some additional business from the German car industry and heavy machinery sector in the coming years, its head of German operations said.
U.S. stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.02 percent, Dow Jones futures down 0.22 percent and Nasdaq 100 futures down 0.17 percent at 4.40 a.m. EST.
Technology shares jumped in Asia on Friday after better-than-expected earnings from sector bellwether Intel, but stocks elsewhere in the region were largely subdued amid fresh doubts about the strength of the U.S. economic recovery.
Most Asian stocks gave up early gains on Friday as weak U.S. retail sales and a rise in jobless claims made investors wary about the strength of its economic recovery, offsetting better-than-expected earnings from technology bellwether Intel.
Intel Corp's fourth-quarter results roared past Wall Street forecasts and it gave a bullish margin outlook on higher prices and firm demand for server chips, reinforcing hopes for a strong recovery in technology.