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In order to crack the smartphone market it covets -- but has failed thus far to crack -- the world's largest computer chip maker Intel realized it needed a partner in the cell phone business. It ended up snagging the world's largest handset maker, Nokia.
Intel Corp., the world's biggest chip maker, and cellphone market leader Nokia, said they would work together on a new class of mobile computing device.
Yesterday's action by the European Commission, leveling a record $1.45 billion fine against semiconductor giant Intel Corp., after finding that it had engaged in a wide variety of illegal, anticompetitive conduct against perennial rival Advanced Micro Devices from 2002 through 2007, deals a body-blow to Intel's credibility.
At Intel's offices in Austin, visitors are welcomed by security, then pass through yet another gauntlet of guards and buffers as they make their way past a set of stout metal doors into the facility's fourth-floor labs.
The European Commission handed down its ruling in a landmark anti-trust case against Intel Wednesday, fining the computer chip giant a record $1.45 billion for abusing its dominant position in the computer processing unit (CPU) market.
The European Commission found leading computer chipmaker Intel guilty Wednesday of violating European anti-trust rules and ordered that it pay a fine of 1.06 billion euros ($1.45 billion).
European regulators slapped Intel Corp. with a record fine of $1.45 billion Wednesday after a nearly eight-year long antitrust case.
U.S. stocks were set to plunge at the open Wednesday following a worse-than-expected retail sales reading and after leading chipmaker Intel was assessed a record antitrust fine in Europe.
Tech shares tumbled Wednesday morning, dragging down the Nasdaq composite, as investors mulled Intel's quarterly report, while blue-chip stocks were little changed.
Intel Corp. said Tuesday its first-quarter profit dropped 55% amid a weak market for personal computers, but the world's largest chipmaker topped Wall Street's forecasts for earnings and revenue.
In order to crack the smartphone market it covets -- but has failed thus far to crack -- the world's largest computer chip maker Intel realized it needed a partner in the cell phone business. It ended up snagging the world's largest handset maker, Nokia.
Intel Corp., the world's biggest chip maker, and cellphone market leader Nokia, said they would work together on a new class of mobile computing device.
Yesterday's action by the European Commission, leveling a record $1.45 billion fine against semiconductor giant Intel Corp., after finding that it had engaged in a wide variety of illegal, anticompetitive conduct against perennial rival Advanced Micro Devices from 2002 through 2007, deals a body-blow to Intel's credibility.
At Intel's offices in Austin, visitors are welcomed by security, then pass through yet another gauntlet of guards and buffers as they make their way past a set of stout metal doors into the facility's fourth-floor labs.
The European Commission handed down its ruling in a landmark anti-trust case against Intel Wednesday, fining the computer chip giant a record $1.45 billion for abusing its dominant position in the computer processing unit (CPU) market.
The European Commission found leading computer chipmaker Intel guilty Wednesday of violating European anti-trust rules and ordered that it pay a fine of 1.06 billion euros ($1.45 billion).
European regulators slapped Intel Corp. with a record fine of $1.45 billion Wednesday after a nearly eight-year long antitrust case.
U.S. stocks were set to plunge at the open Wednesday following a worse-than-expected retail sales reading and after leading chipmaker Intel was assessed a record antitrust fine in Europe.
Tech shares tumbled Wednesday morning, dragging down the Nasdaq composite, as investors mulled Intel's quarterly report, while blue-chip stocks were little changed.
Intel Corp. said Tuesday its first-quarter profit dropped 55% amid a weak market for personal computers, but the world's largest chipmaker topped Wall Street's forecasts for earnings and revenue.
In the 1970s microchips helped jump-start the economy. In the 1980s personal computers unleashed a wave of consumer and business spending. And in the 1990s the Internet gained steam just when the economy was at its bleakest, creating new companies, jobs, and investment opportunities.
Chipmaker Intel Corp. announced Wednesday that it will be cutting production at two U.S. silicon wafer facilities and closing three facilities in Asia, affecting between 5,000 and 6,000 workers.
It has been a tough season for Intel, the world's largest chip maker. Intel's stock price slipped 42% in 2008 and its fourth-quarter numbers were poor, with net income off 90% from a year earlier. In such a difficult economic environment, cuts to non-essential spending would seem natural, like the company's substantial corporate social responsibility (CSR) programs around the world.
Intel did what it said it would do: post a miserable fourth quarter. But with the chip industry in a major slump, that kind of candor doesn't extend to the first part of this year.
Intel Corp. reported a 90% drop in fourth-quarter earnings Thursday that were in line with Wall Street's reduced expectations, as demand for semiconductors remains weak.
Intel issued another revenue warning Wednesday, blaming the weak demand for its technology products, and said that it expects to lose more than $1 billion on stock investments.
There's no such thing as a perfect portfolio. Value-conscious investors like me are acutely aware of this fact. Sometimes you come across a good stock trading at a great price but there's simply no room in your portfolio at the time. In other cases you feel like a kid with his nose stuck to the windowpane of a Ferrari dealership: You spot a wonderful business you'd love to own, but you can't justify paying the price being asked.
You've likely never heard of ARM, a small U.K. company that doesn't advertise or put its name on any products. But chances are that as you read this, you're within sight of an "electronic brain" that ARM designed -- its handiwork lives in items as diverse as GPS navigators, camcorders and the Nintendo DS.
Yahoo and Intel built their success upon widespread use of personal computers, but the two companies hope products to be shown at next week's Consumer Electronics Show will mark the beginning of their Internet-fueled expansion to the world of TV as well.
This Christmas, the titans of the personal-computer industry are finding big lumps of coal in their stockings, and a few are grumbling that it's Intel's fault.
Intel stock has sunk to about $13 in the stock market rout, its lowest levels since Bill Clinton's first term. So is it a bargain now?
Intel CEO Paul Otellini tells TIME why computers did not cause the global financial crisis -- and why tech is going to come out on top
The Santa Clara-based company responded Tuesday with a 25% jump in profit and record sales in the quarter, fueled by strong sales of processors for laptop computers
Intel Corp., the world's largest semiconductor manufacturer, said that profits rose more than expected in the second quarter on strong international sales bolstered by a weak dollar.
Intel says it has received a subpoena from the Federal Trade Commission concerning its practices in the microprocessor market
Anxious tech watchers will tune in with great interest this week to get an early glimpse on the sector as Intel and later Advanced Micro Devices deliver first-quarter results.
The company was founded in 1968 by Bob Noyce and Gordon Moore, two of the original brains behind one of the major players in early computer chip development, Fairchild Semiconductors.
Intel's got a big problem. With component prices falling amid weakening computer spending, the giant chipmaker is betting heavily that WiMax is the future of wireless broadband. That's an expensive gamble.
Stock futures fell early Tuesday after chipmaker Intel cut its profit forecast and as investors remained worried about surging commodities prices.
Blue chips bounced and technology shares cut losses Wednesday afternoon, late in a choppy session influenced by disappointment about Intel's earnings and outlook.
Tech shares slumped Wednesday afternoon on disappointment about Intel's earnings and outlook, but the broader market stabilized as investors scooped up select bank and retail stocks.
Blue chips stabilized Wednesday afternoon, as investors scooped up some of the stocks battered in the recent selloff, but the tech sector remained deep in the red on disappointment about Intel's earnings and outlook.
Tech stocks slumped Wednesday morning on disappointment about Intel's earnings and outlook, dragging down the broader market, as investors continued the miserable start to 2008.
U.S. srocks were mixed about 15 minutes into trading Wednesday.
Stocks tanked Friday, with the Dow shedding over 250 points, after a weaker-than-expected December jobs report exacerbated recession fears.
On Thursday Intel announced it was dropping out of the non-profit One Laptop Per Child (OLPC) organization, which was set up to develop and market a low-cost - ideally $100 or less - education-focused laptop for the poorest children in the world. The device, called XO, is now in production in Taiwan and in use in a number of countries. Fortune's David Kirkpatrick spoke Friday with Nicholas Negroponte, founder and chairman of OLPC. A transcript is below.
Stocks slipped Wednesday afternoon, but were off session lows, as worries about the credit and mortgage market and higher oil prices were tempered a bit ahead of what for many will be a long holiday weekend.
Stocks cut losses Wednesday afternoon, but remained deep in the red as worries about the credit and mortgage market and record-high oil prices gave investors reason to bail ahead of the Thanksgiving holiday.
Stocks tumbled Wednesday afternoon, as worries about the credit and mortgage market crisis, record-high oil prices and the outlook for the consumer gave investors plenty of reasons to bail ahead of the Thanksgiving holiday.
If you think the economy is going to bounce back from the current slowdown before next spring, as I do, then the natural question is which stocks will lead the market recovery.
U.S. stocks edged slightly lower on Monday after last week's selloff.
The head of the Federal Trade Commission has refused to open a formal antitrust investigation of U.S. chipmaker Intel, despite requests by lawmakers, other commissioners, as well as probes by antitrust authorities overseas, according to a published report.
Stocks were mixed late Wednesday, at the end of a choppy session in which investors weighed upbeat earnings reports from Intel and others, mixed readings on the economy and oil prices up near $89 a barrel.
Record high oil prices once again sent stocks lower Wednesday afternoon, causing Wall Street to give up an early advance sparked by strong earnings from tech leaders Yahoo and Intel.
Tech stocks were the stars as U.S. markets posted solid gains at Wednesday's open, thanks in part to results from bellwethers Yahoo and Intel
Intel Corp., citing a strong market for personal computers, reported big increases in third quarter revenue and profit exceeding analysts' projections.
Question: Nearly 40 years ago I bought a 1,000-ounce silver bar and carried it out of a Chicago bank vault. Now I want to sell it, but I don't know whom to sell it to, where to get a good price or how to transport it securely. Can you help? - Milton Taylor, El Paso
Antitrust investigators in South Korea have wrapped up a two-year probe into Intel Corp.'s activities in the country, the company said Tuesday.
Stocks gave up afternoon gains from a recovery in the financial and energy sectors, closing near opening levels.
Stocks climbed back from midday declines as investors found values in an oversold market, while shares of Alcoa continued last week's decline.
Stocks tumbled and bonds rallied on Monday afternoon, as investors gave up an early advance sparked by Intel's profit outlook and resumed the previous session's selloff, amid worries about the economy.
Stocks turned lower late Monday morning, led by the Nasdaq, as investors welcomed Intel's improved profit outlook, but shunned other technology stocks, extending the previous session's brutal selloff.
Chipmaker Intel Corp. raised its revenue estimates for the third quarter Monday and said it expects its gross margins to come in at the high end of estimates, citing stronger-than-expected worldwide demand for its computing products.
U.S. stocks pushed forward at the start of trading Monday after Intel raised its revenue estimate.
EU regulators said Friday they have charged Intel Corp. with monopoly abuse for blocking rival computer chipmaker Advanced Micro Devices Inc.'s access to customers
The European Union's top antitrust regulator has charged that Intel tried to use its huge market share to push smaller rival Advanced Micro Devices out of the central processing unit (CPU) business.
It's been an eventful two weeks for the $100 laptop movement. On July 13 the group called One Laptop Per Child (OLPC) announced it would add Intel to its growing list of corporate supporters, which include Intel's chip rival AMD as well as Google, News Corp., eBay, Quanta Computer and others. Then on the 23rd OLPC said that the XO, its triumphantly-engineered computer (which will actually initially cost closer to $200 than $100) will go into mass production at Quanta in Taiwan.
Stocks paused from their record-setting run Wednesday on hawkish comments from Federal Reserve Chairman Ben Bernanke, renewed subprime fears and disappointing results from tech giants Intel, Yahoo.
Intel reported second quarter sales that were above analyst projections and higher profits Tuesday citing strength in its chip sales.
The nonprofit that aims to seed the developing world with inexpensive laptop computers for schoolchildren has made peace with Intel Corp., the project's most powerful rival
It can't be said too often, because so few people even still understand its gravity: The adoption of technology in the developing world is tech's biggest trend. A new report by Forrester Research predicts there will be 2.25 billion PCs in the world by 2015, up from 755 million today. The vast majority of that growth will come in places like China, India, Brazil and Eastern Europe.
Like a lot of businesspeople, Todd Mowry hates videoconferencing with his colleagues. "It's like visiting someone in prison," he says. "You talk through a glass wall, but you can't deal with each o...
I alienated more than one executive at Intel with my recent column about the $100 laptop for poor school kids being built by Nick Negroponte's One Laptop Per Child (OLPC) initiative. But Intel's head of sales and marketing, Sean Maloney, overlooked his reservations and spent an hour with me last week during the company's analyst meeting in New York.
Tech earnings kicked off the quarter with a mixed bag, with bellwether IBM and chipmaker Intel reporting solid results, while Yahoo disappointed investors.
Intel Corp. reported Tuesday that net profit rose in the first quarter but sales fell, as it remains locked in a price war with archrival Advanced Micro Devices.
China has finally arrived.
Time passes slowly in Novosibirsk. In front of the opera house on Red Prospect, skateboard kids skid off the plinth of the Lenin statue, chewing on Afghan nuswar, which calibrates the brain to a low buzz. Rusted auto husks and the tilting chimneys of roadside hovels appear to have slouched into poses over many decades. At the boat hotel on the Ob River, the cook does not hurry with the kasha. The capital of Siberia, Russia's thirdlargest city, Novosibirsk in winter offers few explicit charms.
The top two executives at Intel have not complied with a company directive to retain e-mail relevant to antitrust litigation against the company, according to a published report.
The major stock indexes left a strong 2006 behind, posting smaller gains through mid-January, slowed in part by weaker than expected forecasts from tech companies like Apple and Intel. The Dow Jone...
Big technology stocks have surged since August, outpacing the S&P 500 by an impressive margin. That may have you wondering whether the sector has gotten way ahead of itself and is due for a pullbac...
Intel made the latest move in its battle with AMD to be the first to introduce next-generation microchips that will run faster and use less energy than existing models.
Big technology stocks have surged since August, outpacing the S&P 500 by an impressive margin. That may have you wondering whether the sector has gotten way ahead of itself and is due for a pullback.
Stocks steadily moved higher Monday following a flurry of merger activity and a drop in crude oil prices, but investors remained reluctant as they faced a glut of earnings and economic news later in the week.
Falling oil prices gave stocks a lift early Monday afternoon, but gains were limited ahead of a busy week for company earnings and economic news.
U.S. stocks were mixed at Monday's open, with tech stocks gaining a little ground on some developments involving Intel and IBM.
Developments on the tech front could help lift stocks when U.S. markets open Monday.
A tech sell-off sank the Nasdaq composite Wednesday and forced the Dow Jones industrial average to give up its attempt at closing at a record high for the fourth straight session.
A tech sell-off sank the Nasdaq composite Wednesday and forced the Dow Jones industrial average to give up its attempt at closing at a record high for the fourth straight session.
A tech selloff pummeled the Nasdaq and forced the Dow industrials to give up gains Wednesday afternoon, one session after the blue-chip average closed at its highest point ever.
The Dow Jones industrial average inched higher Wednesday afternoon, flirting with a fresh record, while the Nasdaq composite stumbled after Intel's weaker quarterly earnings report.
Stocks stabilized early Wednesday afternoon, with blue chips finding a little momentum after a shaky morning and technology shares trimming losses sparked by Intel's weaker quarterly earnings report.
Intel's weaker quarterly profits weighed on technology stocks Wednesday morning, while the broader market struggled as investors weighed a stronger-than-expected inflation reading with another decline in oil prices.
Tech stocks led the way lower at the start of Wall Street trading Wednesday on Intel's lower earnings and a higher-than-expected inflation reading.
Intel's lower earnings could set the stage for a lower Nasdaq start when U.S. markets open Wednesday.
Chipmaker Intel announced fourth-quarter earnings a penny higher than Wall Street projections after the market's close Tuesday, but shares tumbled more than 4 percent in after-hours trade.
U.S. stocks stalled at the start of trading Tuesday as investors await quarterly results from companies that include Intel.
Intel helped lead the tech sector higher Thursday afternoon, but blue chips continued to slip as investors eyed a pair of soft economic reports and a string of disappointing December retail sales reports.
When people ask me what I think is the most important trend in technology today, I always answer the same way. It's not Web 2.0, Open Source software or Google's growing power. The most important trend in technology is how it is boosting economic development around the world.
The first thing Sean Maloney did in our conversation was acknowledge that the press has a narrow view of Intel.
The major indexes all advanced in October, and high oil profits and rising oil prices pushed the S&P 500 energy sector from worst performer to best. Among the month's biggest winners was ExxonMobil...
As daylight fades from a musty conference room at the Government Guest House in Hanoi, Ton Nu Thi Ninh, the elegant vice chairwoman of the National Assembly's foreign-affairs committee, leans forwa...
Advanced Micro Devices has finally arrived. Long the also-ran of the microprocessor business, a perennial distant second to industry behemoth Intel, AMD is now a contender. In the market for the cr...
Hands on" doesn't adequately describe Steve Sanghi's impulse for tinkering - whether it means donning a bunny suit at his company's chip-manufacturing plant to help troubleshoot defects, mixing it ...
You can offer all the benefits in the world, but the one that matters most to employees is a piece of the action.
"Nicholas, it looks like a science project," Apple CEO Steve Jobs said to Nicholas Negroponte, the Pied Piper of the $100 laptop, as he demonstrated one of its first versions. Skeptics abounded whe...
Chipmaker AMD has been steadily winning market share from industry leader Intel, but scars from the fierce competition were apparent when the company reported its quarterly results this week.
Intel's profit sank in the third quarter as it fought off fierce competition from rival Advanced Micro Devices, but the chipmaker beat Wall Street's earnings estimates and said it's winning back lost market share.
Hopes for the Dow 12,000 are fading into the sunset as a strong inflation reading outweighed a number of strong earnings reports.
Optimism has returned to the tech sector, but sentiment will be tested when Apple, IBM and Intel - some of the biggest names in the industry - report earnings next week.
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