Micron: No Impact From Intel Layoffs
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By Review, Idaho Business  Intel announced September 5 that it plans to lay off approximately 10,500 employees by the middle of 2007, reducing its workforce to 92,000.  Local microchip manufacturer Micron has a joint operating venture with Intel to produce flash memory.
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Micron Technology Inc., the No. 3  computer memory chip maker, on Wednesday reported a quarterly  profit on stronger pricing, reversing a year-earlier loss.
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Micron blames a continuing drop in chip process for a $262 million first quarter loss.
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Intel executives are expected to reveal the results of an internal evaluation that could include layoffs of thousands of employees.
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Worldwide&#160;lawsuits against Intel&#160;and&#160;four straight quarterly losses&#160;have distracted AMD during its integration of ATI Technologies, but the merger remains on track, according to industry analysts.AMD&#39;s acquisition of ATI&#160;for $5.4 billion, announced in July 2006 and completed one year ago Thursday, was viewed as a potent weapon in AMD&#39;s attempt to dent Intel&#39;s domination of the x86 processor market.The lawsuits against Intel and&#160;financial losses&#160;came at a critical time, when AMD&#39;s management needed help in integrating the ATI acquisition and making ATI employees understand AMD&#39;s culture, said Jon Peddie, president of Jon Peddie Research.AMD filed antitrust lawsuits alleging monopolistic behavior against Intel in the U.S. and Japan, and lodged complaints with the European Commission, the Korean Fair Trade Commission and Japan Fair Trade Commission.The distraction was compounded by the departure of key executives, including David Orton, former president and CEO of ATI, who resigned as executive vice president of AMD in July after only 10 months.AMD didn&#39;t have any internal problems, Peddie said, and Orton left on his own accord. &quot;A little redundancy will always occur in all organizations. It&#39;s not surprising to see people shift,&quot; Peddie said. However, outside speculation about the departure may have distracted AMD during the integration, he said.AMD also took an acquisition-related charge of $76 million, or $0.14 per share, in the third quarter of 2007 ending Sept. 29. That added to the quarterly net loss of $396 million.Despite the distractions, AMD is pulling its resources together to ensure the ATI merger goes smoothly.&quot;The merger has allowed AMD to merge its plans with ATI, which were very similar prior to the acquisition.&quot; Peddie said. Both companies wanted to amalgamate the CPU with the graphics processor, and the acquisition puts them in a position to do so.A successful merger could help AMD reach profitability in a few quarters and position it for success in the future, wrote Doug Freedman, an analyst with American Technology Research, in a research report.&quot;We believe ATI is turning the corner, which is likely material to AMD&#39;s quest for profitability,&quot; Freedman wrote.The acquisition of ATI hasn&#39;t shown an immediate benefit, but could help&#160;AMD in the long term&#160;when the company&#39;s &quot;Fusion&quot; project comes to fruition, Peddie said. Fusion is the code name for is AMD&#39;s next-generation processor design that is expected to combine high-performance graphics and CPU processing on a single die. The project was announced when the merger was completed. AMD is not prepared to talk about Fusion yet, but it is intended to bring the cost of PCs down and reduce power consumption, Peddie said.AMD also announced the &quot;Spider&quot; platform, which will include AMD&#39;s upcoming Phenom chips and high-end graphics processors to provide users with the &quot;ultimate visual experience&quot; in computing, said Dirk Meyer, AMD&#39;s president and chief operating officer, on the company&#39;s third-quarter earnings call last week.With all the attention focused on Phenom and Spider, ATI&#39;s involvement in other businesses gets sidetracked, said Phil Hester, senior vice president and chief technology officer for AMD. AMD&#39;s ATI unit is a big player in supplying graphics to consumer electronics, set-top boxes and gaming consoles, Hester said. ATI supplies graphics processing units (GPUs) for Microsoft&#39;s Xbox 360 and Nintendo&#39;s Wii consoles, Hester said.&quot;Discrete GPUs will continue to be a good business for us,&quot; Hester said. AMD&#39;s graphics segment revenue grew 29 percent to $252 million sequentially, driven by the success of the ATI Radeon HD 2000 series of graphics processors.However, ATI&#39;s market share in the discrete graphics market has been hit by manufacturing problems and bad timing in bringing chips to market, Peddie said. Competitors such as Nvidia and Silicon Integrated Systems stepped up by shipping graphics chips on a timely basis, taking market share away from ATI.&quot;Market share could begin to swing back towards ATI even if it introduced simply comparable products to Nvidia in the near-term,&quot; wrote Doug Freedman in a research report. ATI&#39;s RV670 graphics card is competitive in the mainstream market with current Nvidia products, Freedman wrote.But AMD still has work to do to make the merger a success. Its biggest threat remains Intel, which maintains a stranglehold on the chip market.&quot;AMD must rebuild its brand value in the enthusiast market in order to garner better mainstream adoption and consumer recognition,&quot; Freedman wrote.
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(InfoWorld) - Intel will announce the results of an internal review of its operations next week that could result in thousands of layoffs at the company, according to published reports. Chief Executive Officer Paul Otellini told employees in an e-mail Thursday that he would reveal the results of the review in an internal Webcast next Tuesday, the New York Times reported, citing an unnamed Intel employee. A spokesman for Intel, in Santa Clara, California, said the company is on track to announce a restructuring plan before the end of the third quarter, meaning some time this month. "But we are not announcing plans to do anything at this stage," Intel spokesman Chuck Mulloy said, calling the talk of layoffs "speculation." Intel warned in AprilÂ that its profits would fall sharply this year and said it would restructure the company to cut spending by more than $1 billion. "We are going to restructure, repurpose and resize Intel for the future," Otellini said at the time. The company has battled this year with a slump in the growth rate of PC sales and fromÂ increased competition from Advanced Micro Devices, which has been increasing its share of the market, particularly in servers. Intel has vowed to claw the market share back with a new generation of dual-core microprocessors that it started rolling out in June. Â ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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In an announcement before semiconductor engineers in San Francisco this morning, AMD and IBM put forth proof of what could be their breakthrough process - their response to Intel in the race to reduction.  It could pull AMD back even with Intel by 2008, if Intel doesn't respond in the intervening months.
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Intel will announce the results of an internal review of its operations next week that could result in thousands of layoffs at the company, according to published reports.
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As Intel pursues a new path with improved multi-core chips, AMD says itâs already one step ahead. Intel told the world this week that there is no race to market the next generation of microchips.
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SAN FRANCISCO - Intel Corp. has cut prices on its computer chips by as much as 35 percent, though analysts on Monday said the cuts were probably unrelated to swelling inventories of the world&#39;s largest chip maker.
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The world&#39;s largest chip maker, Intel, is changing its approach to making faster computer microprocessors. It has dropped plans to release a four gigahertz version of its flagship Pentium 4 chip.
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Shares of Intel Corp. fell in after-hours trading after the world's largest chip maker announced sweeping job cuts that some investors believed were not severe enough.
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InfoWorld - Intel's resignation from the One Laptop Per Child Project's board of directors will have "no impact" on the group's operations, since the chip maker contributed little to the project since joining last year, OLPC President Walter Bender said in an interview.
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Analysts&#39; assessments came after Intel announced last week that it was scrapping plans to develop a 4-gigahertz version of its Pentium 4 chip.
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Intel's resignation from the board of directors will have "no impact" on the group's operations, OLPC President Walter Bender said in an interview.
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SAN JOSE, Calif. -- Contradicting fears that the semiconductor industry's pace of development is slowing, Intel Corp. announced it has achieved a milestone in shrinking the size of transistors that will power its next-generation chips.
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By Review, Idaho Business  Micron Technology stock showed new life in heavy trading earlier this month. Micron rose 31 cents to $13.19 on Feb. 2, after hitting a one-year low of $12.79 Jan. 31. The one-year high, $18.65, came in September.  Trading volume of 18,949,700 shares Feb.