CHIP

The government filed suit against Intel Corp on Wednesday, alleging that the chip giant illegally used its dominance of the market for a decade to stifle competition and strengthen its monopoly.

Intel Corp has scrapped plans to launch an advanced graphics chip based on its novel Larrabee design, after concluding that delays in the project would make it uncompetitive, a spokesman said on Sunday.

Japan's Tokyo Electron, the world's No.2 supplier of semiconductor-making equipment, said quarterly orders look to be stronger than expected thanks to a surge in demand from memory makers in Taiwan and South Korea.

Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association (SIA) said.

Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association said.

Global semiconductor sales rose 5.1 percent in October sequentially, spurred by strength across all regions as electronic equipment manufacturers boost production for the holiday season, the Semiconductor Industry Association (SIA) said.

Chip stocks fell on Thursday after Bank of America Merrill Lynch downgraded the sector on a possible inventory correction, although two of Europe's top chipmakers were upbeat about recovery prospects.

Semiconductor stocks fell sharply after BofA Merrill Lynch turned bearish on the industry and downgraded several chipmakers, including Intel Corp , citing a modest rise in inventories.

Applied Materials Inc , the world's largest producer of chip-making gear, posted lower quarterly profit on Wednesday, but beat Wall Street estimates and said it planned to cut jobs globally.

U.S. stocks fell on Friday as declines in industrials, energy shares and some tech companies overshadowed strong earnings from Microsoft Corp .

Wall Street rose on Thursday, led by financial shares, as insurer Travelers' quarterly profit more than quadrupled.

A new pocket-sized device may allow doctors to check a woman's breast cancer risk in minutes with just droplets of blood or a sliver of breast tissue, Canadian researchers said on Wednesday.

Fast uptake of free-to-air mobile TV services in Asia, Latin America, the Middle East, Africa and Eastern Europe is breathing new life into the ailing mobile TV broadcasting market, chip firm Telegent Systems said.

Global semiconductor sales will decline less than previously forecast this year and will return to growth in 2010, tech research house iSuppli said on Wednesday.

Toshiba Corp, Japan's largest chipmaker, would scale back research and development at its semiconductor segment, as well as the wider electronic device business, the Nikkei business daily reported.

Toshiba Corp is in talks with Singapore's Chartered Semiconductor and Globalfoundries Inc about outsourcing production of some of its next-generation system chips to help cut costs, two company sources said.

Advanced Micro Devices Inc ships a lower-power version of its Opteron server chip on Monday as it tries to expand its offerings for Web hosting companies.

Stocks gained on Wednesday ahead of a key announcement by the Federal Reserve, led by technology and homebuilding shares after positive earnings reports.

Stocks rose on Wednesday after a selloff in the previous session, with technology shares gaining, as homebuilder stocks rallied after a positive earnings report from Toll Brothers Inc.

Stock index futures pointed to a lower open on Wall Street on Wednesday as investors awaited the outcome of the Federal Reserve's two-day meeting.

Applied Materials Inc , the world's largest producer of chip-making gear, said it would at least break even this quarter, thanks to new orders and deep cost cuts, sending its shares up almost 4 percent.