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+Vote!

Intel raises concerns about AMD deal

Intel Corp. has raised concerns about Advanced Micro Devices Inc.’s plans to spin off its manufacturing operation and create a foundry with partners. (AMD) (INTC)

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Weakening PC demand expected to affect Intel, AMD

Weakening demand for personal computers has led analysts to take a more cautious look at Intel Corp. and Advanced Micro Devices Inc., as the two giants of the PC-chip industry prepare to release third-quarter results.

+Vote!

Intel cut to sell rating in face of 'perfect storm'

An analyst on Friday downgraded Intel Corp. to a sell rating on Friday, warning that the chip giant faces "a perfect storm" in a weakening economy and a potentially stronger rival in Advanced Micro Devices.

+Vote!

Intel cut to sell from buy on economic concerns

SAN FRANCISCO (MarketWatch) -- Intel Corp. was downgraded to a sell rating from buy Friday morning by ThinkPanmure. In a note to clients, analyst Vijay Rakesh said the chip-making giant is facing weakening spending both by consumers and corporations, as well as potentially increased competition from a restructured Advanced Micro Devices, which is spinning off its chip fabrication facilities. "We believe...

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Numonyx, Elpida formalize foundry deal

Numonyx B.V., the memory spin-off of Intel Corp. and STMicroelectronics Inc., has formalized a foundry agreement with DRAM specialist Elpida Memory, Inc. so that it can utilize Elpida's 300-mm wafer facility in Hiroshima, Japan, to produce NOR flash memory.

1Vote!

Intel event lobbies for unified 60 GHz spec

Intel Corp. hosted a gathering of about 120 researchers this week as part of an effort to drive toward a standard for 60 GHz wireless networks that could serve a broad range of computer and consumer systems.

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Nasdaq falls 3.5% as tech stocks slump late

SAN FRANCISCO (MarketWatch) -- Technology stocks weakened near the close of trading Thursday, with the tech-heavy Nasdaq Composite Index falling 55 points, or more than 3%, to 1,685. Declines came from Hewlett-Packard Co. , Oracle Corp. , Cisco Systems Inc. and Intel Corp. . IBM Corp. , which had led some early gains after the company's upbeat third-quarter earnings report, fell 9 cents a share to...

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Zacks Sell List Highlights: Intel Corp, Photronics Inc, Marriott International Inc, Red Robin Gourmet Burgers

CHICAGO--(BUSINESS WIRE)--Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now.

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Could Intel kill AMD's escape plan?

It is rival processor vendor Intel Corp. that holds the key to the survival of Advanced Micro Devices Inc. (Sunnyvale, Calif.) as a fabless chip company and the formation of Foundry Co., with wafer fabs in Dresden and, perhaps, in New York state.

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Therese Poletti's Tech Tales: Tech investors should be preparing for more bad news

SAN FRANCISCO (MarketWatch) - Next week, the earnings barrage for the technology sector begins, with third quarter reports from big giants such as Apple Inc., Google Inc. and Intel Corp.

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Intel Will Defend Patent Rights Against AMD

Intel says will defend patent rights against AMD SAN FRANCISCO, Oct 7 (Reuters) - Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) said on Tuesday it has "serious questions" about a deal announced by Advanced Micro Devices (AMD.N: Quote, Profile, Research, Stock Buzz) to spin off its manufacturing business and focus on chip design, and is ready to defend its patents.Intel spokesman Chuck Mulloy...

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Intel Corp. hires Feinstein chief of staff for D.C. office

Chipmaker Intel Corp. hired Peter Cleveland, chief of staff for Sen. Dianne Feinstein, to run its Washington, D.C., office and oversee the company’s public policy efforts. (INTL)

+Vote!

AMD gets boost from Abu Dhabi

Advanced Micro Devices Inc., the chip maker struggling to take on Intel Corp., rose 8.5 percent after after the company announced plans to spin off some plants, part of an investment of up to $8.4 billion from the Abu Dhabi government. AMD shares climbed 36 cents to $4.59 in New York Stock Exchange composite trading.

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Analysts: Spin-off puts AMD back in the fight with Intel

By splitting off its manufacturing operations into a separate company, Advanced Micro Devices, Inc. could be on track to become the nimble, innovative company that once had Intel Corp. on the run. AMD Tuesday morning announced plans to spin off its manufacturing operations into a separate company. With this dramatic turn, struggling AMD not only rids itself of the financial burden of running fabrication...

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Summary: AMD spins off chip factories

AMD'S SPLIT: Advanced Micro Devices Inc. will now focus on designing chips and spin off a new venture focused on making them. Chip-making factories are massively expensive, and AMD can't afford to compete dollar-for-dollar with Intel Corp. on manufacturing. THE PLAYERS: Advanced Technology Investment Co., an investment arm of the Persian Gulf state of Abu Dhabi, is partnering with AMD on the manufacturing...