August 27, 2010 8:40 AM PDT
by Brooke Crothers
Intel said Friday that its third-quarter revenue will be below the company’s prior outlook.
The world’s largest chipmaker now expects third-quarter revenue to be $11 billion, plus or minus $200 million, compared with the previous expectation of between $11.2 and $12 billion.
Revenue has [...]
August 12, 2010 9:54 PM PDT
by Brooke Crothers
Nvidia’s chief executive officer is emphatic that his company has a strategy for building processors beyond its mainstay graphics chips.
During an interview with CNET, Jen-Hsun Huang addressed a longstanding issue with the company’s chips that has become a financial bruden, as well as [...]
August 3, 2010 7:20 PM PDT
by Brooke Crothers
The Federal Trade Commission said Tuesday it will announce an antitrust settlement with Intel on Wednesday morning.
FTC Chairman Jon Leibowitz will detail the settlement along with Bureau of Competition Director Richard Feinstein Wednesday at 7 a.m. PDT.
The commission’s order will settle charges [...]
July 30, 2010 4:39 PM PDT
by Brooke Crothers
A preliminary ruling found that Intel’s pricing practices did not hurt consumers, snapping a long legal losing streak for the chipmaker.
In a 112 page opinion, a special master for the U.S. District Court in Delaware recommended that the court deny class action status [...]
July 28, 2010 10:20 PM PDT
by Brooke Crothers
Advanced Micro Devices passed Nvidia in graphics chip shipments in the second quarter, according to a report from a marketing research on Wednesday, adding to Nvidia’s woes.
AMD’s ATI graphics unit took 51 percent of the standalone, or “discrete,” graphics chip market compared to [...]
July 28, 2010 4:13 PM PDT
by Brooke Crothers
Nvidia on Wednesday slashed its revenue projection for the company’s second quarter, citing a significant sales shortfall and increasing costs.
The Santa Clara, Calif.-based graphics chip supplier said it expects revenue for its second quarter ending August 1 to be lower than the guidance [...]
July 22, 2010 10:26 PM PDT
by Brooke Crothers
The Securities and Exchange Commission is revisiting allegations of a long, symbiotic relationship between Dell and Intel.
A complaint filed Thursday alleges Dell was a recipient of massive, multibillion-dollar, multi-year Intel payments in order to keep Dell from adopting processors from Advanced Micro Devices, [...]
July 14, 2010 3:42 PM PDT
by Brooke Crothers
Early findings by the U.S. Department of Transportation indicate that drivers were to blame in some sudden-acceleration accidents, according to a Wall Street Journal report citing people familiar with the results.
The 2010 Toyota Prius was recalled for electronic issues related to the antilock [...]
July 13, 2010 6:01 PM PDT
by Brooke Crothers
In the Intel earnings conference call Tuesday afternoon, CEO Paul Otellini said the company is getting ready to move quickly to its next-generation chip design, “Sandy Bridge.”
Intel reported strong second-quarter earnings Tuesday on the back of corporate demand and high gross margins.
Otellini said [...]
July 13, 2010 2:08 PM PDT
by Brooke Crothers
Intel’s second-quarter profit surged past the dismal earnings reported in the same period last year.
For the quarter, which ended period ended June 26, Intel earned $2.9 billion, or 51 cents a share, one of the biggest profit showings in its history. And it [...]