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Intel Said To Be Considering Buying GlobalFoundries In $30B Deal
Friday, July 16, 2021 - 12:55am | 645Semiconductor giant Intel Corp (NASDAQ: INTC) is in talks to buy contract chip maker GlobalFoundries for $30 billion, The Wall Street Journal reported on Thursday, citing sources. What Happened: The acquisition will be the largest for Intel and could help boost the semiconductor manufacturing...
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Breakout Watch: Advanced Micro Devices
Tuesday, July 26, 2016 - 1:22pm | 695Shares of semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) have staged a powerful breakout over the last couple of trading sessions in the wake of the company's fiscal second-quarter earnings results, which were released on July 21 after the closing bell. Investors drove the stock...
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IBM's Report Weighs On The Dow, Apple Helps Boost The Nasdaq, S&P 500 Extends Winning Streak
Monday, October 20, 2014 - 4:57pm | 2950U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...
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IBM Shares Unmoved Despite Possible Major Asset Sales
Thursday, June 12, 2014 - 8:30am | 117Shares of IBM (NYSE: IBM) are steady after it was reported by Bloomberg Thursday that the company may be selling its chip manufacturing business to Globalfoundries. If the deal goes through, IBM would likely get a small boost. According to Bloomberg, the chip manufacturing business loses the...
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SLIDESHOW: iPhone 6 And iPhone 7 Rumors, Hot Chromebooks And More From The Second Week Of November
Saturday, November 16, 2013 - 12:16pm | 227Never content to enjoy the current-generation iPhone, the rumor mill has quickly shifted its attention to Apple's (NASDAQ: AAPL) iPhone 6 -- and iPhone 7 (or iPhone 6S). Tesla (NASDAQ: TSLA) made headlines after its co-founder and CEO, Elon Musk, said that the company would not issue a Model S...
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iPhone 7 Processor To Be Built By Samsung, Globalfoundries
Thursday, November 14, 2013 - 2:50pm | 572The iPhone 6 is roughly a year away, but that hasn't stopped chipmakers from gearing up for the following generation. Apple (NASDAQ: AAPL) has gained a fair amount of praise for its A7 processor, which can be found within the iPhone 5S, iPad Air and iPad Mini with Retina Display. Samsung (OTC:...
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Mubadala Reinvests in AMD to Maintain Liquidity
Tuesday, December 4, 2012 - 11:35am | 326Stock in Advanced Micro Devices, Inc. (NYSE: AMD), the second-largest maker of personal computer processors, traded higher Monday and today after its largest shareholder took steps to avert a potential cash shortfall. Mubadala Development Company, the investment arm of the government of Abu Dhabi...
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Wedbush: Advanced Micro Devices Announces Agreement
Tuesday, March 6, 2012 - 10:47am | 163According to a research report released today by Wedbush, Advanced Micro Devices (NYSE: AMD) has announced an amended wafer supply agreement with GLOBALFOUNDRIES. Wedbush said in the report, “AMD's amended wafer supply agreement with GF includes (1) fixed wafer pricing, (2) GF to waive AMD's $...