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Broadcom Buys AMD's Digital TV Business for $192.8 Million

Authored by Mark Hefflinger on August 25, 2008 - 8:26am.

Irvine, Calif. - Chipmaker Broadcom (NASD: BRCM) announced on Monday that it will acquire fellow chipmaker AMD's (NYSE: AMD) digital TV business for about $192.8 million in cash.

tags: Deals | TV | Acquisitions | AMD | Broadcom |

Chipmaker AMD Expects Sharply Lower Revenue

Authored by Jay Baage on April 9, 2007 - 2:13pm.
NEW YORK - Chipmaker Advanced Micro Devices (AMD) issued a profit warning on Monday, saying it expects to report first-quarter revenue of about $1.23 billion. That is well below Wall Street forecasts.
tags: Internet | CE | AMD | Computers |

AMD, Nvidia Get Subpoenas in Justice Dept. Antitrust Probe

Authored by Mark Hefflinger on December 1, 2006 - 1:05pm.
Sunnyvale, Calif. - Chipmakers Advanced Micro Devices (AMD) and Nvidia announced this week that they have received subpoenas from the U.S. Department of Justice, which is investigating potential antitrust violations related to graphics processors and cards.
tags: Video | Law | Tech | NVIDIA | Investing | AMD | Regulation | Video Tech | DOJ | Antitrust | Chips | Subpoenas |

AMD Moves Closer to Completing $5.4 Billion ATI Acquisition

Authored by dmw on October 13, 2006 - 1:15pm.
Sunnyvale, Calif. - Advanced Micro Devices (AMD), the computer chipmaker and main competitor to Intel, said on Friday that its proposed $5.4 billion acquisition of Canadian graphics chipmaker ATI Technologies has been approved by the Minister of Industry under the Investment Canada Act, satisfying one of its conditions for closing. To secure the approval, AMD promised to increase the number of employees in research and development activities in Canada, as well as the amount it spends in R&D in the country. The deal, first announced in July, also on Friday received approval from ATI's shareholders. It is expected to close the week of Oct. 23.
tags: Deals | Video | Tech | Investing | Acquisitions | Tech Deals | AMD | Video Tech | Canada | Chips | ATI |

Morning Links: July 24, 2006

Authored by robert on July 23, 2006 - 9:06pm.
WSJ: AMD to Pay $5.4B for ATI Technologies
LAT: Triumph of the Nerds at Comic-Con
NYT: Internet Buzz is a Leading Indicator of Box Office Success
Reuters: Will Overseas Sports Bookies Cut-off US Gamblers?
WSJ: BellSouth Shareholders Approve Sale to AT&T
SFGate: Games Becoming a Staple of Corporate Culture
NYT: In Race With Google, It’s Consistency vs. the Wow Factor
Billboard: Concert, Rehearsal Venues Get Wired
WP: Sports Leagues Get a Cut of Secondary Ticket Markets
NYT: Studios Shift to Digital Movies, with Resistance
News.com: Zune Could Kill Microsoft Partners, Not iPod
WP: All About Generation X-trovert
tags: Games | Deals | Internet | Tech | Movies | Acquisitions | Google | AMD | ATI | Comics | Links |

WSJ: AMD to Invest $2.5 Billion in Chip Factories in Germany

Authored by robert on May 29, 2006 - 3:58am.
The Wall Street Journal reports that AMD announced plans to invest $2.5 billion over the next three years to expand and improve chip production at its factories in Dresden, Germany.
tags: Tech | Hardware | Europe | CE | Investing | PC | Germany | AMD | Chips | Manufacturing | Intel |

Video Game League Gets AMD Sponsorship; 2006 Season to Launch in August

Authored by dmw on April 26, 2006 - 12:12pm.
Dallas - The Cyberathlete Professional League (CPL), a tournament circuit for pro video game players, announced on Wednesday that chipmaker Advanced Micro Devices (AMD) has signed on as the worldwide lead title sponsor of the league. The CPL ended a similar relationship with Intel in February, saying then that it would not again this year be giving away $1 million in prize money to pro gamers at stops in nine countries. While some outlets recently reported the CPL 2006 season had been cancelled, CPL CEO Angel Munoz said on Wednesday that the league will announce details of its 2006 season in June. This year's season will feature stops in nine countries, and run from August through a televised winter championships event in Dallas in December; the league announced earlier this week that BenQ signed on to sponsor the Dallas event, and will provide 160 LCD monitors. The most significant change from last year's season will be the absence of $50,000 in prize money up for grabs at each tour stop.
tags: Games | Marketing | Tournaments | Sponsorships | AMD | CPL | Cyber Leagues |

AMD Releases New Gamer-Friendly 64-Bit Processor for PCs

Authored by Mark Hefflinger on September 23, 2003 - 11:09am.
Sunnyvale, Calif. -- In a move that could give it a leg up on rival chipmaker Intel, AMD on Tuesday launched its new Athlon 64-bit processor for desktop and notebook PCs. Until now, most desktop computers have relied on 32-bit processors, with only servers relying on the faster chip. The company plans to initially target the new chip at scientists, engineers and hard-core gamers. The release is expected to help Athlon move toward profitability following eight straight quarterly losses. Intel currently has no announced plans for releasing its own 64-bit processor.
tags: AMD | PCs | New Gamer | Processor |

AMD Releases New Gamer-Friendly 64-Bit Processor for PCs

Authored by Mark Hefflinger on September 22, 2003 - 11:21am.
Sunnyvale, Calif. -- In a move that could give it a leg up on rival chipmaker Intel, AMD on Tuesday launched its new Athlon 64-bit processor for desktop and notebook PCs. Until now, most desktop computers have relied on 32-bit processors, with only servers relying on the faster chip. The company plans to initially target the new chip at scientists, engineers and hard-core gamers. The release is expected to help Athlon move toward profitability following eight straight quarterly losses. Intel currently has no announced plans for releasing its own 64-bit processor.
tags: AMD | PCs | Processor | New Gamer-Friendly |