Google Inc. has invested in a Taiwanese microchip maker that makes chips used in its Google Glass, the eyeglass-enabled devices it was testing that can shoot photos and video and access the Internet.
Intel said its CEO, Paul Otellini, planned to retire in May after nearly 40 years with the company.
Intel, the world’s largest chip-maker, said is profit rose 6 percent in the latest quarter even as hard-drive shortages held back computer sales.
Intel Corp. said Monday that it now expects fourth quarter revenue of $13.4 billion to $14 billion. It had previously forecast revenue of $14.2 billion.
Intel Corp. said Wednesday that it has redesigned the electronic switches on its chips so that computers can keep getting cheaper and more powerful.