Intel

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Intel Testifies in EU Antitrust Hearings

CEO jets in to defend practices in Brussells

(Newser) - 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...

Intel Sets Bar High with SSDs
Intel Sets Bar High with SSDs

Intel Sets Bar High with SSDs

Companys says it will launch 80-160GB solid state chips in the second-quarter

(Newser) - 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...

Intel: Cheap Memory Won't Erase Profits

New markets will protect company from NAND flash price drops

(Newser) - 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...

Intel Trims Q1 Profit Projections
Intel Trims
Q1 Profit Projections

Intel Trims Q1 Profit Projections

An oversupply of flash memory chips is continuing to drive down prices

(Newser) - 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...

Intel Pushes 'Atom' Chips
Intel Pushes 'Atom' Chips

Intel Pushes 'Atom' Chips

Tiny microprocessors are intended for mobile Internet devices and low-end computers

(Newser) - 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...

Intel Makes Smaller, Cheaper Chip
Intel Makes Smaller, Cheaper Chip

Intel Makes Smaller, Cheaper Chip

Processor targeted at very low-end computers

(Newser) - 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...

EU Raids Intel's German Offices
EU Raids Intel's German Offices

EU Raids Intel's German Offices

World's biggest chip maker may face new antitrust allegations

(Newser) - 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...

Intel Joins Push for Low-Power Chips

Promoting chips geared toward mobile Internet devices

(Newser) - Intel is developing a low-power-consuming chip aimed at a new category of mobile Internet devices, or MIDs, which range between a cell phone and laptop in size. The company’s new MID chip, expected out in the second quarter, draws about a tenth of the power used by Intel’s...

Sprint Nextel Revives WiMAX Plans
Sprint Nextel Revives WiMAX Plans

Sprint Nextel Revives WiMAX Plans

Mobile carrier looks for partners to cut cost of high-speed wireless network

(Newser) - Struggling Sprint Nextel, burdened with layoffs, retail store closings, and massive mobile-subscriber defections to AT&T and Verizon, may be getting back in the game. The company, which recently caved to investor pressure to drop plans for a $5-billion nationwide WiMAX network, is again talking with Clearwire, its partner in...

AMD Gets Closer to Profitable
AMD Gets Closer to Profitable

AMD Gets Closer to Profitable

Investors relieved despite chip maker's big loss

(Newser) - Advanced Micro Devices pleased investors with its fourth-quarter financial report yesterday, as it neared profitability despite a big loss that included its acquisition of graphics chip maker ATI Technologies. AMD execs said they expect to break even early in the second half of 2008, reports the New York Times. AMD...

Intel Profits Jump 51%, But Slowdown Seen

Chipmaker cautious on 2008 as global PC market cools

(Newser) - Intel's net income leaped 51% in the fourth quarter—the No. 1 chipmaker's largest increase in 14 quarters—to $2.27 billion. But the glow was dimmed by what looks to be a cooling PC  market, leading to lower projections for 2008, and sending Intel’s share price down 14%...

New York Latest to Investigate Intel Practices

Chip-maker's effort to squeeze competition is focus of probes

(Newser) - With proceedings already underway against Intel Corp. in Europe and Asia, New York's attorney general today began formally investigating whether the world's largest computer chip-maker has broken state and federal antitrust laws, Reuters reports. “Our investigation is focused on determining whether Intel has improperly used monopoly power to exclude...

Intel Answers Antitrust Charges
Intel Answers Antitrust Charges

Intel Answers Antitrust Charges

Chip maker requests hearing

(Newser) - Intel has filed a response to the European Union antitrust objections, reports Ars Technica. While the contents have been kept under wraps, Intel did confirm that it is seeking a hearing before the European Commission. Intel has been under investigation since 2005 for practices including offering heavy discounts to retailers...

Bad Jobs Data Trigger Freefall
Bad Jobs Data Trigger Freefall
MARKETS

Bad Jobs Data Trigger Freefall

Dow off 256.54, zooms past 13K on sluggish growth report

(Newser) - The worst employment-growth report since August 2003 sent the markets into a nosedive today, with the Dow ending the day off 256.54 to 12,800.18. Only 18,000 non-farm jobs were added in December, the Wall Street Journal reports, and the unemployment rate rose to 5.0%, its...

Intel Bails on Kid Laptop Project
Intel Bails on Kid Laptop Project

Intel Bails on Kid Laptop Project

Feud over rival computer sales

(Newser) - Intel has dropped out of its uneasy partnership with the "One Laptop Per Child" global nonprofit program, designed to put inexpensive computers in the hands of millions of children in developing countries. Intel has been feuding with project founder Nicholas  Negroponte, an MIT professor on leave who developed the...

Intel Rolls Out Minuscule Flash Drive
Intel Rolls Out Minuscule Flash Drive

Intel Rolls Out Minuscule Flash Drive

4 gig chip weighs less than a drop of water

(Newser) - Intel has unveiled a new flash-memory hard drive smaller than a fingertip and lighter than a drop of water; the 2- or 4-gig Z-P140 is a play to compete with Samsung in storage technology for handheld devices. Conventional magnetic hard drives aren’t small, rugged, or efficient enough to power...

Could the Silicon Chip Max Out?
Could the Silicon Chip Max Out?

Could the Silicon Chip Max Out?

The transistor revolutionized the world, but it's starting to show its age

(Newser) - It’s been 60 years since three Bell Lab scientists invented the transistor, launching an electronics revolution that changed the way we live. Engineers have miniaturized the powerful on-off switches—eventually integrated onto silicon chips—about as far as they can. Now, companies are pouring billions of dollars into research...

Supercomputing Technology Landing in Your Lap(top)

Hardware getting smaller as software tries to catch up

(Newser) - Leaps forward in chip design are bringing supercomputing technology to personal computers and corporate data centers, Business Week writes. Hardware makers are coming up with more ways to cram colossal amounts of computing power into small spaces, but software is lagging a bit behind. Microsoft is building a brain trust...

Good News Rallies Markets
Good News Rallies Markets
MARKETS

Good News Rallies Markets

Sunny economic stats and hope for a rate cut give stocks a boost

(Newser) - Stocks took off today in response to cheerful economic data and rising hopes for a Dec. 11 rate cut from the Fed. Government reports showed an increase in productivity and an unexpected jump in hiring, the Wall Street Journal reports. The Dow was up 196.23 to 13,444.96,...

Valley Tech Giants Ditch Cubicles for Open Space

Some people miss them... for a little while

(Newser) - Silicon Valley giants like Intel, Cisco, and Sun, are experimenting with ditching cubicles to improve productivity. Execs at the companies say that the typical office gray maze isn't ideal anymore for the modern, connected workplace. "Collaboration has been shown to spark innovation and speed product to market," says...

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