Shares climbed Tuesday after the tech ouftit allayed worries about weakening consumer demand for TVs that use its LCD technology.

"...a semiconductor analyst at Jefferies is saying that AMD is negotiating the sale of Fab 38 (previously Fab 36, 200mm) to TSMC...one start-up engineer at Fab 38 said that a small tool set was being installed at Fab 38 to assist in the qualification of AMD’s 45nm process...No mention that executives could be in talks to sell the fab..."

Microsoft announced it has entered into an exclusivity agreement around its intention to acquire Musiwave, a provider of mobile music entertainment services to operators and media companies.

The relatively low-power IBM Blue Gene supercomputer located at the Lawrence Livermore National Laboratory in the US still holds the title of the world's fastest supercomputer, but the sands beneath it are shifting.

Clearwire has suffered a huge setback to its plans to build a nationwide WiMAX network in the US after Sprint Nextel pulled out of an agreement made in July to share the infrastructure for a service that would cover 300 million people.

Google announced the Android Developer Challenge, which will provide US$10 million to developers who build mobile applications for Android, the first complete, open and free mobile platform.

"...will produce DRAM in Taiwan using 66nm process technology in a strategic partnership with Taiwan-based ProMOS...it will churn out the advanced chips from 1Q08...it has already reported the plan to the South Korean government and is positive about getting government approval..."

CyberLink announced the release of CyberLink YouCam, a webcam software that adds dynamic effects to live instant message conversations.

Samsung, NXP Semiconductors and T3G Technologies announced the world's first TD-SCDMA HSDPA/GSM/GPRS/EDGE multi-mode mobile phone, which was demoed at the PT/Wireless Exposition in Beijing on October 23.