Infrastructure

A behemoth on the semiconductor scene just got a little bigger. Chip manufacturer LSI has acquired the hard disk drive business of Germany-based Infineon Technologies for an undisclosed amount. The buyout, announced Monday, came a little less than a year after the former LSI Logic had acquired Agere...

Semiconductor giant Intel has lowered its profitability forecast, sending stock prices tumbling across the board. The company cut its first-quarter gross margin forecast from 56 percent to 54 percent "due to lower than expected prices for NAND flash memory chips," Intel said. All other expectations ...

PC maker Dell posted double-digit sales growth for its fourth quarter, but missed analysts' profit and revenue targets. The results suggest that the onetime market leader's new retail strategy and turnaround plans are still works in progress. Dell's sales rose 10 percent to $16 billion while it ship...

Another lawsuit against Microsoft reportedly has received the go-ahead to proceed. This time, a federal judge in Seattle approved a class action suit against the Redmond, Wash.-based software giant over alleged marketing claims that various computers labeled as "Vista Capable" actually were not suit...

A surge in server shipments during the fourth quarter helped HP gain ground against IBM in server sales revenue and extend its lead in server shipments, according to a report released Thursday by Gartner. Overall for the year, worldwide server shipment sales grew in 2007, increasing 7.4 percent from...

A $2.2 billion deal 3Com had been planning involving a private equity group and a Chinese telecommunications firm apparently fell apart Wednesday over security concerns. 3Com, a Marlborough, Mass.-based network equipment manufacturer, had agreed in September to accept an offer of $5.30 per share fro...

Dell announced Wednesday it will shutter its retail kiosks in shopping malls across the U.S. as it continues with its six-month-old retail store and direct-sales strategy. Dell launched the Direct Store kiosks in 2002 as a way to give consumers who may have been unfamiliar with its computers the opp...

Not to be bested by the likes of Apple and Motorola, Dell and Microsoft are joining forces to create (Product) Red PCs that will help African women and children with HIV/AIDS. The PCs will be crimson versions of Dell's XPS One line running Microsoft Windows Vista, and as much as $80 of the purchase ...

IBM's relatively robust outlook and the details of its fourth quarter performance have helped restore some investor optimism toward the tech sector after a wild week that saw recession fears rise on weak results from the likes of Intel. IBM, which earlier in the week preannounced its earnings, said ...

Just a day after IBM soothed investors with a solid quarter, fellow tech bellwether Intel raised fresh questions about the strength of the sector by missing its fourth quarter targets and issuing a softer-than-expected outlook. The dominant chipmaker managed to post a 51 percent profit increase for ...

Applied Materials announced plans to reduce its workforce by 1,000 as part of a global cost-cutting move. The company, one of the largest suppliers of semiconductor equipment, said the year-long reductions would come through job elimination and attrition. It will take a $20 million charge for the re...

IBM posted strong fourth quarter results Monday, beating profits and sales targets as it rode to the rescue of a sagging stock market by providing renewed optimism about technology earnings. Big Blue's profit rose 24 percent to $2.80 per share in the fourth quarter of 2007 while revenue increased 10...

New York Attorney General Andrew Cuomo is investigating Intel for possible illegal business practices meant to keep rival AMD at bay -- the latest development in an ongoing antitrust entanglement for the leading chipmaker. Cuomo's office has issued a "wide-ranging" subpoena to California-based Intel...

Bidding to reshape its image, Xerox is launching a major rebranding effort meant to encourage business customers to think of it as an innovation company, not just a leading maker of copiers. The new image is meant to reflect the needs of today's business and to be "a bit less formal, a lot more live...

Shares of leading chipmaker Intel lost more than 7 percent in midday trading Friday after the company's stock was downgraded for a second time in a week. JP Morgan analyst Christopher Danely downgraded the company on Friday, citing rising inventory levels at personal computer makers and a likely slo...