Stock prices in chip maker AMD rose seven per cent yesterday, as it unveiled its new Puma chips and won an important legal case. Shares rose by 50 cents bringing total share prices up to $7.69.
Yesterday the firm came out on top of a drawn out legal battle with Intel in South Korea, in which the latter was ordered to pay $26 million for unfair practises – vindicating what AMD has been saying for a while.
Rumours suggesting that the firm is making manoeuvres to go ‘asset light’ by greatly lowering capital investments has also boosted investor confidence.
Link: The Inquirer
Advertisement
Related Stories
- New Intel Sandy Bridge graphics drivers Feb 8th 2012 at 4:10AM
- AMD sets out future strategy - it's all about the mainstream Feb 3rd 2012 at 7:32AM
- Intel launches new GPU-less Core i5, Celerons Jan 31st 2012 at 6:48AM
- Ultrabooks to 're-energise' the notebook market Jan 25th 2012 at 8:01AM
- Another Intel record quarter, invests in mobile Jan 20th 2012 at 6:42AM
- Intel launches Performance Tuning warranty for overclockers Jan 19th 2012 at 4:22AM
- Intel says Medfield will run Android better than ARM Jan 18th 2012 at 6:41AM
- AMD's Trinity to compete with Intel's ultrabooks Jan 17th 2012 at 6:27AM
- CES 2012: Razer reveals Project Fiona Jan 11th 2012 at 7:11AM
Follow Follow this article if you would like to receive notifications of updates.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!