Justice Dept. subpoenas AMD, Nvidia
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Companies say they'll comply with agency's probe into potential antitrust violations regarding graphics processors.
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Biotechnology company Genentech Inc. received a subpoena from the US Attorney&#39;s Office for the Eastern District of Pennsylvania requesting documents related to the promotion
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Graphics chip maker Nvidia Corp.   sees no need to pursue a merger of the kind its rival  ATI Technologies Inc. has struck with No. 2 computer processor  producer Advanced Micro Devices Inc. , an Nvidia  executive said on Monday.
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Two Hewlett-Packard Co. HPQ.N   officials were subpoenaed to testify at a House Energy and   Commerce subcommittee hearing Thursday on the company's probe   into boardroom leaks, a source familiar with the investigation   said on Monday.
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Biotechnology company InterMune Inc.  on Tuesday said it received a subpoena from the U.S. Department of Justice demanding information related to its key drug Actimmune, which is designed to spur the immune system.
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The US Department of Justice looks into competitive practices among flash memory chipmakers.
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The U.S. Department of Justice (DOJ) has subpoenaed Advanced Micro DevicesÂ as part of an antitrust investigation into the market for graphics processors and graphics cards, AMD said Thursday.
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(InfoWorld) - The U.S. Department of Justice (DOJ) has subpoenaed Advanced Micro DevicesÂ as part of an antitrust investigation into the market for graphics processors and graphics cards, AMD said Thursday. AMD recently entered the graphics chip business with itsÂ acquisition of ATI Technologies, which was finalized last month. The DOJ has not made any allegations against AMD or ATI, and AMD intends to cooperate with the investigation, it said. While the DOJ hasn't said specifically what it is investigating, one industry analyst speculated that the case could be about price fixing. The DOJ has alreadyÂ charged a number of chip companiesÂ in the DRAMÂ memory chip market for price fixing, and isÂ investigating severalÂ in the SRAM (Static RAM) chip market. "If the DOJ wanted to, it could just go down every line in the semiconductor industry and find the same issue," said Gartner analyst Richard Gordon. That's because there are a relatively few number of suppliers in the chip industry and an open flow of communication between competitors and customers, who may not define price fixing the same way the DOJ does, he said. The investigations are unlikely to benefit end users, according to Gordon. Historically, prices in the chip industry have gone up and down based on supply and demand and he doubts that such investigations will result in lower pricing. A spokeswoman for AMD in Europe, Hollis Krym, said she did not know if the investigation has a broad scope and includes other graphics chip companies or if it is in the context of the ATI acquisition. U.S. antitrust authorities have already approved AMD's merger with ATI. In the DRAM market, the DOJ has charged Samsung Electronics, Hynix Semiconductor America, Elpida Memory, and Infineon TechnologiesÂ with price fixing and sentenced the companies to pay multi-million dollar fines. Sony, Cypress Semiconductor, and the U.S. arms of Mitsubishi Electric, Samsung Electronics, and Toshiba have all been asked to turn over information to the DOJ for an investigation into SRAM price fixing.
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American International Group Inc., the  world's largest insurer by market value, said Monday it  received subpoenas from New York Attorney General Eliot Spitzer  and the Securities and Exchange Commission regarding products  that might help companies smooth earnings or hide losses.
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New York Attorney General Andrew Cuomo  has subpoenaed Merck & Co  and Schering-Plough Corp   for documents and information to see whether the  companies hid the results of a study on their cholesterol drug  Vytorin.
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With its recent introduction of the PCIe-enabled Nvidia nForce4 media and communication processors (MCP) for Advanced Micro Devices (AMD) processors, Nvidia expects to extend its lead against other chipmakers for the worldâs K8 chipset market, said Drew
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Automotive parts supplier Delphi Corp. (NYSE: DPH) received a subpoena from the US Securities and Exchange Commission in late July in connection with agreements with Electronic Data Systems Corp.
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Ela Medical, a producer of implantable heart devices said it had received a subpoena seeking information about payments to doctors using its products.
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Biotechnology company InterMune Inc.   on Tuesday said it received a subpoena from the U.S. Department  of Justice demanding information related to its key drug  Actimmune, which is designed to spur the immune system.
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The U.S. Department of Justice has issued subpoenas to Nvidia Corp.  and Advanced Micro Devices Inc.  as part of a probe into potential antitrust violations involving graphics chips, helping to send shares in the companies lower.
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Apple CEO Steve Jobs has been subpoenaed by the Securities and Exchange Commission to testify in a options case against his former general counsel Nancy Heinen, sources say.
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Two Hewlett-Packard Co.   officials were subpoenaed to testify at a House Energy and  Commerce subcommittee hearing Thursday on the company's probe  into leaks from its board, a source familiar with the  investigation said on Monday.