Semiconductor companies take the spotlight after Intel says it will delay the rollout of a long-planned graphics chip that would compete against rivals such as Advanced Micro Devices and Nvidia.
The company is scrapping the rollout of its much-anticipated, stand-alone graphics chip, driving action in the shares of rivals Nvidia and Advanced Micro Devices.
Semiconductor companies take the spotlight after Intel says it will delay the rollout of a long-planned graphics chip that would compete against rivals such as Advanced Micro Devices and Nvidia.
Intel Corp.'s graphics chip fumble will not dislodge it as the world's dominant semiconductor manufacturer, but it was an embarrassing setback that also highlights an arena where the chip giant remains vulnerable, analysts say.
Semiconductor companies take the spotlight after Intel says it will delay the rollout of a long-planned graphics chip that would compete against rivals such as Advanced Micro Devices and Nvidia.
Stocks were slightly higher as markets awaited comments from Federal Reserve Chairman Ben Bernanke in hopes of gaining some insight into where interest rates are headed.
Intel Corp. says it will scrap the rollout of its much-anticipated, stand-alone graphics chip -- news which boosted the shares of rivals Nvidia Corp. and Advanced Micro Devices.
Technology stocks traded sideways Monday morning, as shares of Nvidia Corp. and Advanced Micro Devices rose sharply on news that Intel Corp. has delayed the launch of its standalone graphics chip.
ALAMEDA, Calif.----Wind River today announced the immediate availability of its commercial version of open source Android optimized on the OMAP⢠3 platform from Texas Instruments Incorporated .
Stock index futures were lower on Monday on growing sentiment U.S. interest rates could rise sooner than had been anticipated following last week's surprisingly optimistic jobs report.
Intel Corp. has canceled plans for its first high-profile chip based on a design called Larrabee, according to a report Monday in The Wall Street Journal. An Intel spokesman told The Journal that development was behind schedule.
Intel intends to cancel the rollout of its Larrabee graphics chip, a setback in the company's plans to compete with the likes of Nvidia and AMD in this segment.
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