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Market Watch (Free subscription) | 10/10/2008
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.
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Market Watch (Free subscription) | 10/10/2008
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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EE Times (Free subscription) | 09/10/2008
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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Market Watch (Free subscription) | 09/10/2008
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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Business Wire (Free subscription) | 09/10/2008
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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Hot Hardware (Free subscription) | 08/10/2008
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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San Diego Union (Free subscription) | 08/10/2008
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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The Industry Standard (Free subscription) | 08/10/2008
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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The Industry Standard (Free subscription) | 07/10/2008
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...