Intel Corp will pay rival chipmaker Advanced Micro Devices Inc $1.25 billion to settle all outstanding legal disputes, in a move that could weaken antitrust regulatory action against Intel.
U.S. stocks fell broadly on Thursday as a stronger dollar weighed on commodity-linked shares and a guarded outlook from Wal-Mart Stores Inc led to worries about consumer spending.
U.S. stocks fell on Thursday as a stronger dollar weighed on commodity-linked shares and a guarded outlook from Wal-Mart Stores Inc led to worries about the strength of consumer spending.
Intel Corp will pay rival chipmaker Advanced Micro Devices Inc $1.25 billion to settle all outstanding legal disputes, in a move that could weaken antitrust authorities' cases against Intel.
The settlement agreement between Intel Corp and Advanced Micro Devices Inc does not change a lawsuit filed against Intel last week by New York Attorney General Andrew Cuomo, a source familiar with the matter said.
The Dow and the S&P 500 indexes were flat to slightly lower on Thursday, threatening to snap a six-session rally for the Dow, after a Wal-Mart Stores Inc forecast sparked concerns about consumer spending.
The Dow and S&P 500 indexes turned positive in early trading on Thursday, led by gains in technology stocks, erasing losses shortly after the open.
Advanced Micro Devices said it expects to report profits next year from its chip design business, the backbone of a company trying rebuild market share and better compete with rival Intel Corp.
Advanced Micro Devices said it expects its chip design business, the backbone of the company, to be profitable next year, adding more fuel to hopes that the technology sector is rebounding.
Apple rolled out its second security update to Mac OS X Snow Leopard, Mac OS X 10.6.2, which puts an end to “hackintoshes” – a PC netbook that's based on Intel's Atom processor which has been hacked in order to run Apple's operating system.
Clearwire Corp said on Tuesday that it would raise $1.564 billion from its current investors to help fund a high-speed wireless network it is building.
Intel Corp, the world's biggest electronic chip maker, said on Sunday it would open its new die preparation plant in Jerusalem next week.
Intel , the world's largest chip maker, is planning to participate in bids invited by Indian state-owned telecom equipment maker ITI Ltd to set up joint ventures, the Business Standard reported on Friday.
Intel , the world's largest chip maker, is planning to participate in bids invited by Indian state-owned telecom equipment maker ITI Ltd to set up joint ventures, the Business Standard reported on Friday.
Intel Corp was sued by New York Attorney General Andrew Cuomo, who accused the world's largest chipmaker of threatening computer makers and paying billions of dollars in kickbacks to maintain its market dominance.
Intel Corp was sued on Wednesday by New York Attorney General Andrew Cuomo, who accused the world's largest chipmaker of scheming to maintain monopoly power in the market for microprocessors.
Service Sector Grows; Cuomo Hits Intel; Time Warner Beats Street
U.S. stocks climbed on Wednesday on positive data about the services sector and employment, while investors awaited the Fed's assessment of the economic recovery.
Intel Corp was sued on Wednesday by New York Attorney General Andrew Cuomo, who accused the world's largest chipmaker of scheming to maintain worldwide monopoly power in the market for microprocessors.
Intel Corp was sued on Wednesday by New York Attorney General Andrew Cuomo, who accused the world's largest chipmaker of scheming to maintain worldwide monopoly power in the market for microprocessors.
The S&P 500 and Nasdaq rose slightly on Tuesday as news of a major railroad acquisition helped sentiment, but the Dow edged lower on caution before a Federal Reserve statement on interest rates and the economy.
The S&P 500 and Nasdaq rose slightly on Tuesday as deal news bolstered views that improved merger activity could signal economic strength. But the Dow edged lower after a downgrade of the tech sector.
