Intel Unveils an $8 Billion Plant-Building and Hiring Plan

Building a new chipmaking plant and upgrading four others will result in thousands of construction and high-tech jobs, the world's leading supplier of microprocessors said today. It's a strong statement from a company that has been critical of Washington's business policies.

AMD's Earnings Follow Intel, With a Solid 45% Jump

Not to be shown up by rival Intel's (INTC) blockbuster earnings this week, Advanced Micro Devices (AMD) on Thursday reported a second-quarter 45% net income increase. The chipmaker's strong earnings signals a return to the product demand for PCs and services, and overall technology spending.

AMD Posts a Profit, Boosted by Intel Payment

Advanced Micro Devices posted its first quarterly profit in three years. But the world's No. 2 maker of microprocessors said it would have lost money were it not for the payment it received from Intel to squash a long-running antitrust battle.