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.
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.
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)
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. is girding for a third straight quarter of falling sales, highlighting the chipmaker’s struggle to adapt in a world swiftly embracing mobile devices and leaving behind the personal-computer industry it dominates.
Intel Corp., the world’s largest computer chipmaker, can’t use threats, retaliation or exclusive deals to block customers from buying competitors’ products under a settlement of antitrust charges, the U.S. Federal Trade Commission said.