AMD
CEO Departures: In January, 96 Top Bosses Moved Out
12:15PM 2/09/2011
Retirement, Company News, Technology, People, Google , Intel, Apple, AMD
Last month, 96 CEO changes were announced by U.S. based companies, reports job-services firm Challenger, Gray & Christmas, among them the heads of Google and Advanced Micro Devices. The number is down 9% from December, but 8% higher than January 2010, when 89 CEOs left their corner offices behind.
Intel has discovered a design flaw in its recently released Intel 6 Series chipset, code-named Cougar Point, and has halted shipments of the support chip.
The Dow Snaps Two-Day Losing Streak
4:39PM 1/21/2011
Investing, Earnings, General Electric , Bank of America, AMD, AOL, NYSE, Video, Stocks in the News, Market News
Better-than-expected earnings from General Electric helped lift the Dow and S&P 500. The Nasdaq closed lower after disappointing results from chipmaker Advanced Micro Devices. Overall, the week's strong earnings bode well for coming corporate reports.
AMD announced the resignation of CEO Dirk Meyer Monday, sending stock down over 4% in after-hours trading.
Despite all the amazing gadgets launched at the Consumer Electronics Show -- the smart TVs, 3-D technology, larger touch screens, and tablet PCs -- the bigger news in Las Vegas this week may be about price cuts.
Intel Will Have to Prove Itself All Over Again in 2011
12:00PM 12/28/2010
Technology, Investing, Hewlett-Packard, Intel, Microsoft, Qualcomm, Apple, AMD, Samsung
Intel's stock is up just 2% this year compared to the Nasdaq's 17% rise, and investors fret that the explosive growth of smartphones and tablets will crimp the market for the PC chips that produce the bulk of Intel's revenue. But the tech giant has a plan.
Semiconductor Sales Growth Slower Than Expected
8:03PM 9/30/2010
Global semiconductor revenue growth this year will be slower than previously expected, as weaker-than-expected demand for personal computers and other consumer-electronic devices will cause inventory to pile up, iSuppli said in a statement today.
AMD Lowers Forecast: Chipmakers Suffer from Weak Computer Market
8:15PM 9/23/2010
Advanced Micro Devices has lowered its third-quarter sales guidance, citing weaker-than-expected demand for laptops in North America and Europe. The news comes after another chip maker, Intel, cut its third-quarter forecast last month.
President Obama will announce billions more in infrastructure spending and tax cuts this week. Supporters say it's just what the sagging economy needs. But critics worry that with mid-term elections just a few weeks away, the main motivation may be political.
Intel's Expected Revenue Weakness Might Be Contagious
1:40PM 8/28/2010
Technology, Earnings, Hewlett-Packard, Dell, Intel, Microsoft, AMD
Intel cut its guidance for third-quarter revenues, citing weak consumer PC demand. The news signals underlying trends in technology that could be a drag on companies beyond Intel. Keep an eye on companies like Microsoft, HP, Dell and AMD.
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