Stocks to Watch: RIM, AMD (Update 1)

NEW YORK -- Investors at Research In Motion's(RIMM) annual shareholders' meeting Tuesday will be listening for details about the troubled BlackBerry maker's long-term strategy.

RIM recently reported a worse-than-expected loss in its first quarter, announced 5,000 job cuts, and said it was delaying its long-awaited BlackBerry 10 technology.

RIM shares ticked up 5 cents, or 0.65%, in premarket trading Tuesday to $7.72.

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Advanced Micro Devices(AMD) said it sees a sequential decrease in revenue of 11% for the second quarter, down from a prior forecast for growth of 3%.

The chipmaker cited slow growth in China and Europe as well as weak consumer demand for PCs for the weak outlook.

Shares of Advanced Micro Devices fell 10.14% in premarket trading Tuesday to $5.05.

Alcoa(AA) , the aluminum giant, topped Wall Street's second-quarter earnings forecasts by a penny.

Revenue totaled $5.96 billion but that was down from a year earlier and Alcoa's operating profit was just $61 million for the three-month period.

Shares of Alcoa ticked up 7 cents, or 0.8%, in premarket trading Tuesday to $8.83.

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Intel(INTC) announced Monday a series of deals totaling $4.1 billion with semiconductor manufacturing specialist ASML Holding (ASML) as the chipmaker looks to boost silicon manufacturing.

Intel will invest about $1 billion in ASML's research and development over five years, and will eventually take a $3.1 billion, 15% stake in Netherlands-based ASML.