AMD publishes its Q2 2017 financial results-- overall revenues are up by 19% Y-o-Y to $1.22 billion while profit totals $25 million, even if the company remains in the red with losses reaching $16m.

The company is divided in 2 major segments, Computing and Graphics, and Enterprise, Embedded and Semi-Custom. This quarter Computing and Graphics is the star, with revenues growing by 51% Y-o-Y to $659m thanks to demand for graphics and Ryzen desktop processors. The operating income for the segment is $7m, an improvement over the $81m loss of Q2 2016 thanks to what AMD describes as an "improved product mix."

Since Q2 2017 is the first full quarter of Ryzen processor shipments, it also sees an increase in desktop processor ASPs. GPU ASPs are also on the up, the result of a short supply (and growing demand) for desirable gaming-targeted graphics cards.

Apple confirms to Reuters it is spending $921 million (or 6 billion Danish crowns) to build a second datacentre in Denmark, one running entirely on renewable energy.

The facility is based in Aabenraa in southern Denmark, near the German border. It is set to start operations on Q2 2019, and will power Apple online services such as the iTunes, App Store, iMessage, Maps and Siri for European customers. The aforementioned renewable energy powering the datacentre comes from a combination of wind and biomass energy.

"We're thrilled to be expanding our datacentre operations in Denmark, and investing in new sources of clean power," the company says. "The planned facility in Aabenraa, like all of our data centers, will run on 100% renewable energy from day one, thanks to new clean energy sources we're adding."

Intel launches Xeon Scalable-- a range of over 50 server processors (as spread in Bronze, Silver, Gold and Platinum ranges) and 7 chipsets based on the new Skylake SP core.

Chipzilla claims the Scalable range provides a 1.65x performance boost over the previous Xeon generation, with the boost growing to 2.2x when used in deep learning and artificial intelligence applications. Such performance gains are the result of new cores and the new Intel Mesh Architecture, and are described by the company as the greatest in a decade.

For the interested, Mesh Architecture arranges cores, memory controllers and I/O interfaces in a 2D grid (such as 4x4, 4x6 or 6x6, according to core count). Such a design, Intel says, maximises performance and enables consistent, low latencies.

Colourful antivirus pioneer John McAfee decides to settle with Intel, following the dismissal of his September 2016 lawsuit (and Intel countersuit) over the right to use his name on other projects.

As Reuters reports, McAfee sued Chipzilla after a warning that renaming his latest venture, MGT Capital Investments, as "John McAfee Global Technologies Inc." would infringe its trademarks. In turn, Intel countered with accusations of trademark infringement and unfair competition.

The reportedly amicable settlement has McAfee agree to not use his name, trademark his name or the phrase "John McAfee Privacy Phone" or use "John McAfee Global Technologies" in connection with security-related products or services. He retains the right to use his name in advertising, promotions and presentations, including in regard to his former role at McAfee the company, which he sold to Intel for $7.7 billion back in 2010.

The sale of the Toshiba memory unit gains another wrinkle, as Toshiba declares it has had enough of Western Digital interference-- the former is suing the latter for $1 billion (or 120 billion yen).

The litigation seeks to stop WD from claiming it has any ownership over the memory unit, which Toshiba is desperate to sell in order to gain some much needed cash. It comes a day after WD resubmitted a bid for the unit, just as Toshiba was set to finalise the sale to a consortium lead by the Japanese government, American private equity firm Bain Capital and S. Korean manufacturing giant SK Hynix.

In the meantime, WD continues to insist the sale represents a breach of the two companies' joint venture agreement, and as such it should be treated as a preferred bidder. However, sources tell the Financial Times that the resubmitted WD bid was "similar" to the one previously considered as "underpriced" by Toshiba.

Toshiba names a preferred bidder for the sale of its much wanted memory chip business-- a consortium bringing together the Japanese government and interests from the US and S. Korea.

The group consists of the state-backed Innovation Network Corp of Japan (INCJ) fund, the Development Bank of Japan (DBJ) and US private equity firm Bain Capital. Also involved in financing are S. Korean chipmaker SK Hynix and the core banking unit of the Mitsubishi UFJ Financial Group. It promises to offer at least $18 billion, the minimum Toshiba is asking for the unit, and should automatically receive the Japanese government's seal of approval.

“Toshiba has determined that the consortium has presented the best proposal, not only in terms of valuation, but also in respect to certainty of closing, retention of employees, and maintenance of sensitive technology within Japan,” a company statement reads.