The United States International Trade Commission (USITC) announced that it will conduct an investigation on certain graphics systems and computing products imported into the country as they allegedly infringe patents owned by Advanced Micro Devices (AMD) and ATI Technologies. The companies filed a complaint with the USITC and the federal agency has identified a number of respondents in the investigation, including LG Electronics, VIZIO, MediaTek, and Sigma Designs.

Any split of AMD would result in two smaller companies, heavily interdependent, taking on larger, entrenched, and determined competitors.

Shares of AMD fell to their lowest level in nearly 16 yearsafter the company disclosed that it will take US$948 million in charges against earnings when it reports its second-quarter financial performance next week...The size of the writedown was a surprise to investors, who sent the share price down 2.4% to close at US$4.84 a share, the lowest price since August 1992.