(Reuters) – Advanced Micro Devices Inc (AMD.N: Quote, Profile, Research, Stock Buzz) forecast higher fourth-quarter revenue as it recovers from a manufacturing setback that has pinched the supply of its new personal computer processors.
AMD, a distant second to Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz) in selling microprocessors that are the brains of PCs, said it was working with manufacturing partner GlobalFoundries to resolve the problem affecting its new 32 nanometer Llano chips as well as older 45 nanometer chips.
Oct 27 (Reuters) – PC chipmaker Advanced Micro Devices’ third-quarter results beat expectations and it forecast
higher fourth-quarter revenue as emerging market sales help
make up for a manufacturing setback.
Trouble perfecting the high-tech manufacturing of AMD’s new
32 nanometer “Llano” chips had added to pressure on sales
already hit by a shaky economy and weak consumer demand.
OAKLAND, Calif, Oct 26 (Reuters) – Over 1,000 activists
protesting economic inequality and corporate greed massed on
Wednesday night in a downtown Oakland plaza from which they had
been evicted a day earlier in clashes with police that left 85
people arrested and one critically hurt.
The severe injury of Scott Olsen, 24, a former U.S. Marine
who friends said served two tours of duty in Iraq, became a
rallying cry among Occupy Wall Street supporters in Oakland and
elsewhere as organizers took to Twitter and other social media
urging protesters back into the streets.
OAKLAND, Calif (Reuters) – An Iraq war veteran was listed in critical condition on Wednesday from injuries he suffered during clashes between police and protesters in Oakland, triggering calls for renewed Occupy Wall Street demonstrations across the country.
Rally organizers said Scott Olsen, 24, a former U.S. Marine, was struck in the head on Tuesday night by a tear gas canister fired by police during a confrontation with protesters trying to move back into a downtown Oakland plaza that has been the scene of protests against economic inequality.
Oct 26 (Reuters) – Chipmaker LSI plans to buy flash
storage provide SandForce for $322 million to strengthen its
presence in the fast-growing enterprise flash storage market.
The company also reported third-quarter results in line
with expectations as flooding in Thailand disrupts the
country’s hard disk drive industry, for which LSI makes
OAKLAND, Calif, Oct 25 (Reuters) – Police and protesters
scuffled in Oakland on Tuesday as more than 1,000 people
marched on city hall to voice anger over scores of arrests at
an “Occupy Wall Street” camp.
The march was largely peaceful, although police at one
point surrounded a group of demonstrators on a downtown street,
taking several into custody before setting off what appeared to
be a stun grenade to disperse the throng.
OAKLAND, Calif (Reuters) – Police and protesters scuffled in Northern California on Tuesday as more than 1,000 people marched on city hall in Oakland to voice anger over arrests at an “Occupy Wall Street” camp.
Police surrounded a group of demonstrators on a downtown Oakland street, taking several into custody before setting off what appeared to be a stun grenade to disperse the throng.
SAN FRANCISCO (Reuters) – A looming shortage of hard drives caused by floods in Thailand threatens to disrupt computer manufacturers as soon as December and hurt tech giants like Intel (INTC.O: Quote, Profile, Research, Stock Buzz), Apple (AAPL.O: Quote, Profile, Research, Stock Buzz) and Dell (DELL.O: Quote, Profile, Research, Stock Buzz).
Thailand is the No. 2 maker of hard drives, used in laptops, servers and TV set-top boxes, and damage caused by flooding across the region could keep factories closed or hobbled for months, analysts and executives say.
SAN FRANCISCO, Oct 20 (Reuters) – Flash memory supplier
SanDisk forecast quarterly revenue near analysts’
expectations thanks to growth in tablets and smartphones, but
other chipmakers warned that a lackluster economy is hurting
Sales of Apple’s iPad and iPhone as well as
smartphones using Google’s Android platform have been
a bright spot as high U.S. unemployment and a financial crisis
in Europe weigh on sales of consumer electronics.
SAN FRANCISCO, Oct 20 (Reuters) – Seagate Technology said its factories in Thailand were running full
capacity after widespread flooding, and its stock rose more
than 8 percent.
The company, which vies with Western Digital for
the title of world’s largest maker of hard drives, added that
it was working with various component suppliers to rebuild its