AMDChipmaker Intel Hit with Record $1.45 Billion Fine in EuropeAuthored by Mark Hefflinger on May 13, 2009 - 7:57am.
Washington
- As the Obama administration pledges to increase its anti-trust enforcement,
the European Commission on Tuesday fined chipmaker Intel (NASD: INTC) a record $1.45 billion
for engaging in what it called illegal practices designed to exclude
competitors -- most notably rival AMD -- from the market for computer chips.
According to the organization, those activities included giving hidden rebates
to computer makers for using Intel's chips, paying a major retailer to stock
only computers containing the chips and paying computer manufacturers to halt
or delay the launch of products using competitors' chips.
AMD Sells Handheld Graphic, Multimedia Assets to QualcommAuthored by Mark Hefflinger on January 20, 2009 - 12:24pm.
Sunnyvale, Calif. - Semiconductor manufacturer AMD (NYSE: AMD) said on Tuesday that it has sold the basis of its handheld business to San Diego-based handset maker Qualcomm (NASD: QCOM). Chipmaker AMD to Cut 1,100 Jobs, Reduce SalariesAuthored by Mark Hefflinger on January 16, 2009 - 12:13pm.
Sunnyvale, Calif. - Semiconductor manufacturer AMD (NYSE: AMD) said on Friday that it plans to cut 1,100 jobs -- around 9% of its staff -- in a move to slash expenses in the face of waning demand. Broadcom Buys AMD's Digital TV Business for $192.8 MillionAuthored 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. Chipmaker AMD Expects Sharply Lower RevenueAuthored 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.
AMD, Nvidia Get Subpoenas in Justice Dept. Antitrust ProbeAuthored 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.
AMD Moves Closer to Completing $5.4 Billion ATI AcquisitionAuthored 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, 2006Authored by Robert Spears on July 23, 2006 - 9:06pm.
WSJ: AMD to Pay $5.4B for ATI TechnologiesLAT: 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 WSJ: AMD to Invest $2.5 Billion in Chip Factories in GermanyAuthored by Robert Spears 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.
Video Game League Gets AMD Sponsorship; 2006 Season to Launch in AugustAuthored 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.
AMD Releases New Gamer-Friendly 64-Bit Processor for PCsAuthored 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.
AMD Releases New Gamer-Friendly 64-Bit Processor for PCsAuthored 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.
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