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Austin360 blogs > Digital Savant > Archives > 2011 > January > 10 > Entry

Chip moves

dirkmeyer2.jpg
Two big pieces of news today on the semiconductor front: AMD chief executive Dirk Meyer resigned on Monday. Despite some notable progress in its new line of products (specifically its new Fusion platform), the company’s board says it sees more opportunities for growth (and cash flow) than Meyer was apparently able to deliver.

Elsewhere in the chip universe, Intel has agreed to pay NVIDIA, a company best known for its graphics chip technology, $1.5 billion to settle a lawsuit. The $1.5 billion will be paid out over five years.

As Engadget keenly points out, NVIDIA’s been firing on all cylinders lately with its technology powering some of the hottest emerging tech at last week’s Consumer Electronics Show.

So much big news, you’d never know that we might be due for another huge announcement in the tech world tomorrow!

Associated Press photo of AMD chief executive Dirk Meyer

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