As we expected, AMD was the big gainer last week, with Intel's agreement to pay it $1.25 billion in settlement of the legal disputes between the chip rivals propelling AMD shares up by nearly 30 percent to its highest level since mid 2008.
As covered extensively on HEXUS, as well as giving AMD some much needed cash-flow help, the deal also potentially enables both companies to draw a line under the whole affair and get on with making lovely new processors.
Interestingly, the news seems to have had minimal effect on Intel's share price. While, on one hand, $1.25 billion is a lot of money, on the other Intel could have been stung for a lot more if the case went to trial.
Elsewhere, we have positive movement for all our stocks this week as markets continue to shake off the wobble of two weeks ago. Among the other notable gainers are ARM, which continues invest in its technology ecosystem, and Apple, which has seen its share price double this year and consistently trade at record highs.
|Company||Listing||Share price 25/10/09||Share price 1/11/09||Share price 8/11/09||Share price 16/11/09||8-day change||Market cap (bn)|