August 13, 1986 |
One of the most enduring bits of Silicon Valley lore is coming to an end next month, the latest victim of the slumping semiconductor industry. Advanced Micro Devices is ending its 17-year policy of no layoffs. AMD said it was firing 200 workers not covered by the policy and would determine by mid-October whether there would be layoffs of its nearly 13,000 employees. Analysts, however, said more work force reductions are almost certain to come at the Sunnyvale-based computer-chip maker.
April 17, 1993 |
Opening the way for Advanced Micro Devices to challenge Intel Corp. in the red-hot market for 486 personal computer chips, a U.S. District Court judge on Friday set aside a jury finding that AMD had violated Intel copyrights and ordered a new trial. The ruling makes it possible for AMD to begin immediate production of a clone of Intel's 486 computer chip, rather then spending months completing a 486 clone that doesn't use Intel's copyrighted microcode software.
April 17, 2002 |
WASHINGTON -- Microsoft Corp.'s first witness in its antitrust battle against nine states said in court Tuesday that Chairman Bill Gates convinced him to testify after suggesting Microsoft would return the favor with a key product endorsement. W.J. "Jerry" Sanders III, chief executive of computer chip maker Advanced Micro Devices Inc.
October 21, 1995 |
Fortifying itself to do battle with semiconductor giant Intel Corp., Advanced Micro Devices Inc. said it will purchase NexGen Inc., a Milpitas, Calif., designer of microprocessors, the chips that act as the brain of a personal computer. NexGen shareholders will receive 0.8 share of AMD stock for every share they own, giving the smaller company a price tag of about $857 million. AMD's stock closed at $26.13, down 75 cents on Friday while NexGen ended the day at $21.25, down by 37.5 cents.
January 19, 1988 |
Texas' capital city has the potential to be a world leader in microelectronics now that it has become home to a second national consortium doing research in the field, industry and university officials say. The groups' combined efforts--supported by University of Texas facilities and researchers--should help the United States compete better with Japan in microchip manufacturing.
January 13, 1995 |
The Gargantuan legal battle between chip makers Intel Corp. and Advanced Micro Devices Inc. cost more than $100 million dollars, consumed thousands of hours of executives' time, burned out at least one general counsel and wrecked a collegial Silicon Valley friendship--and it ended Wednesday with a modest net payment of $40 million. Was it worth it? Hardly. Will such fiascoes be repeated in the litigious high-tech industry? Almost certainly.