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News

  • Intel Looks to Pull Itself Out of Economic Hole

    Intel is facing the same economic headwind that is buffeting most IT vendors. The chip maker's fourth-quarter revenue and profits fell 23% and a whopping 90%|, respectively. And last month, Intel said it planned to close four manufacturing facilities and cut as many as 6,000 jobs.

  • Intel updates laptop, desktop chip plans

    Intel this week accelerated plans to release two dual-core laptop and desktop processors, tweaking its road map as it juggles manufacturing efforts to cut costs.

  • Intel confirms eight-core server chip is Nehalem EX

    Intel confirmed that the upcoming eight-core, 2.3 billion transistor processor it plans to detail next week is the Nehalem EX chip, but the company declined to offer details of the chip ahead of the International Solid-State Circuits Conference (ISSCC) in San Francisco.

  • Intel to detal eight-core Xeon processor

    Intel plans to detail an eight-core Xeon processor at the International Solid-State Circuits Conference in San Francisco next month, offering an early look at what appears to be the company's first eight-core chip.

  • Intel rattles cage over AMD's Foundry deal

    Intel has asked for a meeting with Advanced Micro Devices to discuss how its formation of The Foundry Co. may affect long-standing cross-licensing agreements between the two companies, AMD said in a regulatory filing Thursday.

  • Intel to shut four plants, lay off 6,000

    Amidst a bevy of bad news in the PC market, Intel took two corrective steps this week, aggressively slashing prices on chips on Monday and announcing today that it will close four chip plants and cut as many as 6,000 jobs.

  • Wall Street Beat: IT faces global decline for 2009

    With market observers further slashing forecasts this week, Nortel Networks declaring bankruptcy and a range of vendors including Intel, Nvidia, and Motorola issuing dour financial reports or cutting staff, it appears all but certain that the IT sector faces a global decline this year.

  • Intel's net profit drops 90 percent

    Intel's fourth-quarter profit plunged 90 percent from a year earlier, as the chip maker battled a worsening economy and recorded a steep loss from investments.

  • Intel, Microsoft, HP sued for alleged patent infringement

    The feature to quickly recover data in PCs and Windows is under attack. Data recovery firm Xpoint earlier this week sued IT giants including Intel, Dell, Hewlett-Packard and Microsoft for infringing on patents to quickly restore data in the event of corrupted hardware or software.

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