Stories related to: Intel

Stocks rallied today on strong performances by several big tech firms, MarketWatch reports. Investors also poured money into financials in anticipation of the dollar boost the Fed will cause by holding interest rates steady after yesterday’s cut. The Dow climbed 189.87 to at 13,010.00, the Nasdaq rose 67.91 to 2,480.71, and the S&P 500 jumped 23.72 to 2,480.71. More »

Apple has acquired a designer of sophisticated, low-power computer chips, Forbes reports. Analysts say the move will likely lead to a new kind of chip powering future iPhones and iPods, as well as new Apple designs, helping the company differentiate itself from competition scrambling to keep up. The news comes as a blow to chip maker Intel. More »

Want to chart real estate listings on a Google map? A free browser extension from Intel can do that and more. Intel Mash Maker, released in beta today, lets users edit Web pages and combine information from different sites using widgets. Users can copy existing widgets from an Intel gallery, adjust them to work on different sites, or write their own, reports CNet. More »

Intel's choice of Vietnam for a massive superconductor plant surprised the tech world 2 years ago, but the firm's trailblazing has sparked a wave of high-tech investment that is transforming the country, the San Jose Mercury News reports. The plant is still more than a year away from completion, but Intel's presence is helping a nation that had no tech industry to speak of build one from the ground up. More »

Stocks staged a rally today on the strength of profit reports from JP Morgan and Intel. "The bear market is bottoming, and folks are beginning to look beyond the valley of widely known problems to better times ahead," a strategist tells the Wall Street Journal . The Dow ended up 256.80 to 12,619.27, the Nasdaq 64.07 to 2,350.11, and the S&P 30.28 to 1,364.71. More »

Global demand for computer chips helped Intel power to a 9% first-quarter revenue gain, beating analysts' estimates and sending a message that while US sales may be slumping, the world’s largest chip maker’s still got game. Intel stock rose 7.7% in after hours trading, the New York Times reports, as the news allayed worries that computer sales are slowing. More »

Stocks rallied despite a generally unfavorable climate today on positive news from Intel and Wal-Mart, though, with the exception of the Nasdaq, failed to hold on to session highs. The Nasdaq rose 29.58 to close at 2,351.70. The Dow, up triple-digits during the session, ended 54.72 higher at 12,581.98; the S&P 500 gained 6.06 to close at 1,360.55. More »

Advanced Micro Devices will shed 10% of its workforce this year and predicts a 15% first-quarter revenue drop, down to $1.5 billion, the Wall Street Journal reports. Slumping desktop sales and the company's line of defective chips and have hurt AMD, which will lay off workers worldwide at "all levels within the company," a spokesman told the San Jose Mercury News today. More »

Twenty-five hardware companies will use a new Intel chip technology for mobile internet devices that are somewhere between a cellphone and a laptop computer in size, reports the Wall Street Journal . Intel hopes the gadgets they've dubbed MIDs will become a new product category, helping the company make up for missing out on the cellphone market. The devices will retail for around $500 and arrive first in Asia this summer. More »

Sun Microsystems is moving toward connecting computer chips using lasers instead of wires, a move that could make computers 1,000 times faster. The company snagged a $44 million Pentagon contract to continue work that could also mean smaller, more energy-efficient machines. It won’t be easy, though: A Sun researcher told the New York Times the chance of success is 50%. More »

A new laptop security system in development at Intel learns to adjust to you—that is, the user—getting to know your pattern of Internet use in order to provide more personalized protection. The software, called Proteus, is meant for companies that provide laptops to many employees, normally equipping all of them with the same cookie-cutter security system, reports Technology Review . More »

A new device will link rural areas to the Internet at low cost and without cables, Technology Review reports. Intel has tested the Wi-Fi platform in Africa, Asia and South America, and will sell it this year for less than $500. What makes it work? The router and antenna are old-style, but radios beam signals back and forth to make sure data was received. More »

Intel and Microsoft will fund researchers at two universities working on new programming techniques for multicore chips, sources told the Wall Street Journal . The companies will reportedly provide $2 million annually for five years, to speed the development of chips that can contain dozens—or even hundreds—of microprocessors of multiple types. One of the grants is expected to go to UC Berkeley. More »

Intel officials testified before an EU antitrust commission yesterday in Brussels; the chipmaker is suspected of unfairly dominating the European market. Competitor Advanced Micro Devices (AMD) and consumer groups are testifying today, reports the Wall Street Journal . The commission will consider whether rebates Intel offered to retailers that didn’t stock AMD products hurt consumers. More »

Intel will bring a bigger—and faster—solid state drive to market in the second quarter that will heat up the competition between chipmakers and launch a new generation of laptops and PCs based on SSDs rather than hard drives, reports CNET. Intel’s 80-160GB SSDs are twice as fast as current hard drives and outpace rival Samsung’s 100mbs SSD. More »

Steep drops in the price of NAND flash memory have hit Intel's profits, but CEO Paul Otellini vows it's not going to put the company in the red, the AP reports. Prices of the chips have fallen more than 50% recently, much more than the chipmaking giant had predicted. Otellini says the company will move into new markets to offset the effect of the cheap chips. More »

Falling prices for flash memory prompted chipmaker Intel Corp to trim its first quarter gross-profit projection slightly yesterday, driving share prices down nearly 3% in after-hours trading, reports Bloomberg. Analysts said oversupply for NAND flash chips—used in cameras, music devices, and mini-storage devices—would likely persist into the third quarter, keeping prices soft. More »

Intel will push its tinest new chips behind the brand name Atom in an effort to create demand for two emerging types of computing devices. The Atom line includes chips already announced by the company, reports the Wall Street Journal . One, formerly known as Silverthorne, is aimed at cellphone-sized devices that Intel calls “MIDs”—mobile mobile Internet devices. More »

Intel is working on a tiny, inexpensive microprocessor aimed at very low-end computers. Code-named Diamondville, the chip is for computers priced under $250, especially portable ones that Intel calls Netbooks. Manufacturers are creating such machines for emerging markets, as well as for industrialized countries, where they’re often bought as additional family computers, reports the Wall Street Journal . More »

EU investigators raided Intel’s German office today, searching for evidence that the chip maker has broken antitrust laws, the BBC reports. The European Commission has already opened a case against Intel for monopolistic business practices, but officials said the surprise raid was the first step in its investigation, signaling that the company could face other allegations of misconduct. More »