Intel to alter disclosure of chip flaws; two-level procedure will be detailed today
Article Abstract:
Intel Corp, still smarting from criticism over the way it handled a flaw in the Pentium microprocessor, adopts a new procedure for disclosing flaws in the company's chips. After discovering a flaw, Intel will identify and document the problem, then report it to hardware and software vendors. Intel will then report the flaw to customers in an addendum to the chip's design handbook. The company will continue to operate an 800 number that it set up during the Pentium uproar. In summer 1994, Intel engineers discovered that the Pentium occasionally made a slight error in division calculations, but the information did not come out until a university professor discovered the flaw independently. Eventually, Intel agreed to replace all Pentium chips. Intel has discovered other Pentium flaws, but contends that they are minor. The company may now revise its Pentium guarantee.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
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Investors display concern about woes of Intel client; Packard Bell said to be unable to pay a bill
Article Abstract:
Intel Corp's stock fell 4.8%, or $3, to $60 per share on Nov 27, 1995, when it announced to the Securities and Exchange Commission (SEC) that one of its clients could not pay a $470 million bill and that a portion of the bill was converted into a loan. Industry experts speculate that the company, which Intel did not identify, is Packard Bell, which has suffered slow sales since building a consumer PC strategy around 75MHz Pentium machines with substantial RAM. Consumers have shown preference for faster machines with less RAM, leaving Packard Bell with considerable inventory. Intel's statement to the SEC said that the customer in question was responsible for below 10% of Intel's total revenues for nine- and three-month periods ending Sep 30, 1995. The $470 million figure represents 14% of Intel's outstanding receivables, which total $3.4 billion as of Sep 30, 1995.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1995
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New chip may take today's computer passe
Article Abstract:
Intel plans to market a new generation of flash memory chips that could double memory, while improving speed and efficiency, every nine months or faster. The single-chip development would revolutionize industry adherence to Moore's Law, which since 1965 has held that such improvements require about 18 months. The redesigned chips can store two bits of information on each transistor. The chips eventually could strengthen products ranging from computers to TVs. Other chips' transistors can store one bit of information. Intel, the world's largest chip manufacturer, will introduce chip versions capable of storing 32 million and 64 million bits of data. Intel will use technology initially developed for 16-million-bit and 32-million-bit flash memory chips.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1997
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