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AMD shares fall after CEO steps down, weak 2Q
Shares of Advanced Micro Devices Inc. fell at the market open Friday, a day after the chip maker reported the departure of Chief Executive Hector Ruiz and reported a wider second-quarter loss than analysts expected. Under Hector Ruiz's leadership, chip maker Advanced Micro Devices Inc. rose to challenge larger rival Intel Corp. as never before in AMD's nearly 40-year history.
Europeans expand antitrust case against Intel
European Union regulators have expanded their antitrust case against Intel Corp., claiming that the world's largest semiconductor maker has deliberately squeezed rival AMD out of the chip market.
AMD CEO steps down as chip maker struggles
The CEO of chip maker Advanced Micro Devices Inc. is stepping down.
PC shipments grew faster than expected in 2Q
Computer shipments rose faster than expected in the second quarter, fueled by exceptional demand in emerging markets and a decline in prices in the U.S. and Western Europe, two research groups said Wednesday. Worried that the ailing U.S. economy has spilled abroad and hurt global PC sales, investors had subdued expectations for Intel Corp. in the second quarter. Intel is the world's largest computer chip maker, and its fortunes rise and fall with swings in PC demand.
Intel shows off laptop chip package to counter AMD
Intel Corp. rolled out a new batch of chips for laptops Monday that promises longer battery life and better graphics-rendering abilities, the company's latest salvo against smaller rival Advanced Micro Devices Inc.
AMD slashes $880M from value of division
Struggling to climb back to profitability, Advanced Micro Devices Inc. suffered another setback Friday when the chip maker disclosed that two businesses it acquired in a pricey acquisition were underperforming.
DreamWorks Animation goes from AMD to Intel chips
DreamWorks Animation SKG Inc., maker of the "Shrek" movies and "Kung Fu Panda," announced Tuesday it will switch from Advanced Micro Devices Inc. computer chips to Intel Corp.'s as it moves toward making all 3-D movies.
CU economist lowers job-growth forecast
University of Colorado economists have lowered their forecast for job growth in 2008, amid high energy costs and continuing housing and credit troubles nationwide. |
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