Stories about: Advanced Micro Devices

Ed Turney, who co-founded Advanced Micro Devices with seven others in 1969, died Wednesday at age 79, of brain cancer, his family said in a statement.

Advanced Micro Devices reported a quarterly loss again for its third quarter but managed to increase revenue 14 percent on sales of its microprocessors and graphics chips, the company said Thursday.

The U.S. Department of Justice (DOJ) won't file criminal charges over the pricing and marketing strategies of graphics chipmaker ATI Technologies, now owned by Advanced Micro Devices, the company said Monday.

Advanced Micro Devices's move to spin off its manufacturing operations generated praise from analysts and questions from Intel about whether it violates a cross-licensing agreement between the two companies.

Intel's lawyers are evaluating whether a new manufacturing business spun out of Advanced Micro Devices could end a long-standing cross-licensing agreement between the firms.

By splitting off its manufacturing operations into a separate company, Advanced Micro Devices could be on track to become the nimble, innovative company that once had Intel on the run.

The financial world seems to be falling apart, but Advanced Micro Devices has just landed several billion dollars from two Abu Dhabi investment groups to fund "Asset Smart," a plan to spin off its chip manufacturing operations into a new company, tentatively called "The Foundry Co."

Advanced Micro Devices plans to split into two companies, one to design chips and one to make them, while two investment funds owned by the government of Abu Dhabi will contribute new capital, it said Tuesday. AMD hopes the move will give it the resources it needs to compete effectively with Intel, which dominates the microprocessor industry.

Hardware vendors, which are just getting a first look at AMD's next-generation server chip, are giving the Shanghai processor an initial thumbs-up, analysts say.

Advanced Micro Devices said its Shanghai processor is on track to ship in servers by the end of the year and sought to reassure customers that the problems that delayed its previous server chip, Barcelona, are a thing of the past.

Researchers at the University of Michigan have developed technology that can fence off microprocessor bugs and keep them from seizing up a PC.