Advanced Micro Devices, Inc.
Advanced Micro Devices Inc., the world's No. 2 maker of computer microprocessors, reduced its CEO's pay package 14 percent last year. The company cut executives' pay in response to falling sales.
CEO Dirk Meyer received a package for the 2009 fiscal year that AMD valued at $4.5 million. That's according to Associated Press calculations based on a regulatory filing late Friday. For 2008, his pay package was valued at $5.3 million.
If you've got a car and a bicycle, do you need a motorcycle too? Wireless carriers are betting that you do. They're making a big push this year for the motorcycles of the gadget world: devices that are bigger than a phone but smaller than a laptop.
The most famous entrant in the category is Apple Inc.'s iPad, which comes out next month. But many other manufacturers are crowding into the niche, and were planning to do so even before Apple's announcement in January.
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Advanced Micro Devices Inc. posted its first quarterly profit in three years because it got $1.25 billion in a legal settlement with its archrival.
The world's No. 2 maker of computer microprocessors said Thursday it would have lost money were it not for the payment it received from Intel Corp. to squash a long-running antitrust battle.
AMD also appeared to benefit from a lift in the overall computer market. Revenue was up 42 percent over last year, and unit sales of microprocessors and graphics chips grew, even though prices fell.
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In a move to bring high-definition gaming to the masses, Advanced Micro Devices has introduced the ATI Radeon HD 5670 graphics card to support Microsoft DirectX 11 gaming and computing. The new card also offers a new innovation called ATI Eyefinity technology.
Priced at less than $100, the HD 5670 promises superior HD gaming experiences for the latest DirectX 11 titles. The card relies on ATI Stream technology to enhance performance in video playback and productivity applications and, AMD said, helps enable the full Windows 7 experience.
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Intel has introduced new chipsets and central processing units earlier than expected. The chipmaker on Monday released details on seven desktop Clarkdale CPUs and 11 mobile-computer Arrandale CPUs several days earlier than the official announcement.
The Federal Trade Commission filed a lawsuit against Intel Wednesday that accuses the world's leading microprocessor maker of illegally stifling competition for more than a decade. By waging a systematic campaign to prevent competing microchips from gaining full access to the marketplace, the FTC said, Intel has deprived consumers of potentially superior chips at lower prices.
Intel couldn't afford to let it drag on. The world's largest chipmaker announced on Nov. 12 that it would pay $1.25 billion to resolve allegations by Advanced Micro Devices that its larger rival competes unfairly in the market for computer chips.
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Advanced Micro Devices gave analysts a briefing on its computing platform road map through 2011 Wednesday, with company executives saying they intend to differentiate the company's chips from rival offerings by enabling a complete computing experience featuring stunning graphics and video. The executives also said AMD remains on schedule to deliver a new family of Fusion processors in 2011 that promise to dramatically lower power consumption in server and mobile-device applications.
Intel pagará a su competidor AMD 840 millones de dólares por retirar las querellas juidicales en todos los países y además le permitirá utilizar las patentes en litigio en los próximos cinco años, según publica hoy The New York Times.
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Intel's antitrust troubles haven't ended with the European Union's record-breaking $1.45 billion fine. New York Attorney General Andrew Cuomo filed suit Wednesday against the company, alleging bribery, coercion and other anticompetitive activities.
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