Nov. 19 (Bloomberg) -- Patrick Wang, an analyst at Evercore Partners Inc., and Craig Stice, senior principal analyst at IHS iSuppli, talk about Intel Corp. Chief Executive Officer Paul Otellini's plan to retire. They speak with Bloomberg's Nicole Lapin on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
Intel Corp. increased its cash pile by $2 billion last quarter selling the fingernail-sized chips that run the world’s personal computers, underscoring the technology industry’s ability to wring profit at an unprecedented pace.
Intel Corp. Chief Executive Officer Brian Krzanich took the stage at the International Consumer Electronics Show with the message that the chipmaker is taking steps to remain relevant as consumers switch to mobile devices for computing tasks.
Advanced Micro Devices Inc. , the second-largest maker of processors for personal computers, rose in New York trading on speculation that the departure of top executives has made it an acquisition target.
Intel Corp., the world’s largest chipmaker, said it will require more executives to own stock and tie bonuses to operating goals, moves aimed at connecting pay more closely with the company’s financial performance.
Nvidia Corp. shares rose on the Nasdaq Stock Market after the maker of graphics processors reported third-quarter sales and profit that topped analysts’ estimates, lifted by demand for chips used by computer gamers and designers.