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AP – Advanced Micro Devices Inc. posted its first quarterly profit in three years because it got $1.25 billion in a legal settlement with its archrival.

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AP – Intel Corp. rolled out new computer chips Thursday that highlight the company’s lead over Advanced Micro Devices Inc. in its ability to shrink the circuitry inside its processors.

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This came from cnet news
Advanced Micro Devices stock is upgraded Thursday by Broadpoint AmTech analyst Doug Freedman, citing a solid product road map and debt restructuring.
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The chipmaker continues its assault on Nvidia at the high-end of the graphics chip market by laying claim to the world’s fastest graphics card.
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After settling with Intel, AMD now must compete with Intel on its merits. Some experts weigh in on how it will do.
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AP – Intel Corp. will pay $1.25 billion to make peace with Advanced Micro Devices Inc., as the companies whose microprocessors run nearly all personal computers finally found common ground in a bitter and colorful dispute that caused international antitrust trouble for Intel.

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This came from cnet news
CEO Dirk Meyer cites action by EU and the lawsuit filed by New York’s attorney general as confirmation of AMD’s allegations of anticompetitive behavior by its rival.
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Hector Ruiz, now at the center of a Silicon Valley scandal, was quick to rail against Intel’s alleged unscrupulous business practices.
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AP – Chip maker Advanced Micro Devices Inc. is “thoroughly reviewing” published reports fingering former chairman and CEO Hector Ruiz as the AMD executive who gave confidential company information to a defendant in the Galleon Group insider trading case.
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This came from cnet news
An unnamed AMD executive is cited repeatedly in the government’s complaint charging six people with securities fraud.
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