Technology stocks rose on Thursday the day after AMD said it was on track with profitability goals.
AMD Inc, the world's second largest chipmaker, announced updated plans for new computer server processors on Wednesday, including versions with six and twelve processing cores.
Chipmakers Intel, Samsung and TSMC will jointly develop larger silicon wafers to boost efficiency in semiconductor manufacturing.
Intel sealed an alliance deal with maker of supercomputer, Cray Inc, to increase its competitive advantage against Advanced Micro Devices (AMD) which just introduced its first computer brand, early on Monday.
AMD has so far reported six consecutive quarters of net losses as Intel regained much of the market share that it had lost to AMD in 2005 and the beginning of 2006.
Apple Inc. has agreed to buy P.A. Semi Inc. in Santa Clara, Calif., a microprocessor design company known for its high-end, low-power chips, according to media reports.
Advanced Micro Devices, Inc reported is sixth straight quarterly loss on Thursday but share closed nearly 2 percent higher as results met Wall Street analysts' expectations.AMD piled another $...
U.S. stocks rallied on Wednesday on upbeat earnings results from Intel Corp. and financial giant J.P. Morgan Chase gave new hopes that companies are still making money while the U.S. economy takes a downturn.
Technology an energy companies helped push Asian markets higher on Wednesday following a good quarterly results and a bullish outlook by chip maker Intel Corp in the U.S. on Tuesday and record oil prices.
Shares of Intel shot up as the company released first quarter results that reassured investors who were concerned about falling memory chip prices and the impact of a weak U.S. economy.
Intel continued to show commitment to strengthen its business in China, and support to its customers, by offering $12 million investment to Shanghai Media Group (SMG), one of China's biggest broadcasters, to help it develop its TV service.
Intel introduced a $500 million China fund in an effort to increase investments in companies in the world's biggest semiconductor market.
Hewlett Packard unveiled on Tuesday a small laptop, joining the growing market of pint-sized computers which is dominated by Intel Corp., and Asustek Computers Inc.
Apple posted the highest growth rates in terms of shipments, among the top 6 computer vendors according to research released this week.
E-mail messages from Microsoft executives released this week reveal technical and marketing struggles the company faced in launching the Windows Vista operating system last year.
Technology related stocks rose Friday afternoon while tax-maker Intuit stumbled after reporting a drop in second quarter profit.
Intel unveiled a new high-end computing platform at the Game Developers Conference on Tuesday, which includes two quad-core processors and graphic cards.
U.S. stocks dropped for the first time this week on Thursday, after Federal Reserve Chairman Ben Bernanke forecasted sluggish economic growth in 2008. The Dow Jones Industrial Average fell 175.3 points, or 1.4 percent, to end at 12,377, with all but one of its 30 components ending in the red.
Reports surfaced on Wednesday that chipmaker Advanced Micro Devices may be struggling with its latest notebook platform which may cause a leadership shakeup, or even acquisition.
Intel, the world's biggest computer chipmaker was raided by the European Union competition regulators on allegations it abused its market position.
The European Commission conducted antitrust raids against Intel Corp's Munich offices on Tuesday and against retailers selling products of the world's largest chip maker, the Commission and the chip maker said.
Dell said on Friday that it cut a majority of computers from its website which feature processors from Advanced Micro Devices, adding to the woes of chipmaker's ailing stock.