AMD Big Gainer in 3rd-Quarter Microchip Sales-IDC
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Advanced Micro Devices Inc. (AMD.N: Quote, Profile, Research) captured nearly 10 percent of computer microchip market revenue in the third quarter, the highest level
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The Intel Corporation, the largest semiconductor maker, reported on Tuesday that its profit for the third quarter rose 15 percent from a year earlier, though it
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Hynix Semiconductor, one of the world's largest microchip makers, said its net profit rose fourfold in the third quarter of this year due to strong chip sales but cautioned that earnings had been hit by weaker prices.
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In spite of AMD, Intel price war European microchip sales recover slightly in July but still lag behind the global average, according to the latest figures.â¦
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The world's largest chipmaker, Intel, boosts its prediction of sales for the final three months of the year to $9.3-9.5bn.
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Driven by record sales of server and mobile microprocessors and a bigger slice of the flash memory market, Intel Corp.'s third-quarter profits rose 15 percent even as it struggled with lackluster PC sales, excess inventory and stiff competition.
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(InfoWorld) - As price competition takes its toll, AMD Thursday posted its third consecutive quarterly loss, saying that although revenue was relatively solid, it suffered a sharp second-quarter drop in income. Revenue for the quarter was $1.38 billion, an improvement from $1.22 billion a year earlier. But the company reported a net loss of $600 million, or a loss of $1.09 per share, a big drop from net income of $89 million, or $0.18 per share, a year earlier. A big part of the loss was due to restructuring costs and a $130 million, or $0.24 per share, charge related toÂ the acquisition of graphics-chip maker ATI last year. One piece of good news was that in the face of stiff price competition from Intel, AMD said its second quarter gross margin was 34 percent, excluding one-time charges, an improvement over its 31 percent margin in the first quarter of 2007. "We achieved a 12 percent sequential revenue increase, improved the gross margin, and won back microprocessor unit and revenue market share," said Robert J. Rivet, AMD's CFO, in a statement accompanying the company results. Looking ahead, AMD forecast that third-quarter revenue would increase in line with traditional seasonal growth rates. Though that does not point to a big increase in profit in the near future, traders reacted positively to the upbeat news on revenue and margins, driving up company shares by $0.32 to $15.78 in after-hours trading. Nevertheless, the second-quarter gross margin, for example, was still a far cry from AMD's 57 percent gross margin in the second quarter of 2006. Rivet acknowledged that to instill confidence in the company, "we must improve our financial results." AMD faces an uphill battle. After gaining ground, in terms of market share and technology, on Intel two years ago by coming out with dual-core processors, AMD suffered last year as Intel battled back with its own line of multicore chips. In the longer term, AMD is pinning its hopes to a great degree on its "Barcelona" quad-core Opteron server chip, due out in August. That chip will compete with Intel's dual-core "Woodcrest" and quad-core "Clovertown" Xeon processors launched last year. AMD also needs to stay on track and hit its 2009 goal to bring its new Fusion chip -- made with ATI technology -- to market.
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Advanced Micro Devices Inc. (AMD.N: Quote, Profile, Research) on Thursday reported a third-quarter profit compared with a loss a year-earlier, but sales fell from the second quarter
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Global microchip sales rose 5.9  percent in September, driven by demand for consumer products  such as personal computers and cell phones, the Semiconductor  Industry Association said on Monday.
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SANTA CLARA, Calif.âDriven by demand for flash-memory chips used in cellphones, Intel Corp.&#39;s third-quarter profits rose as the chip-making giant struggled to overcome lacklustre PC sales, growing inventory, product missteps and stiff competition.
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Intel said it now sees third-quarter revenue between $9.4 billion and $9.8 billion, boosted by stronger-than-expected demand.
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Silicon Laboratories Inc.  on  Monday reported better-than-expected quarterly results, on  stronger sales of its computer chips used in mobile handsets  and other communications devices, and its shares jumped 20  percent.
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Third-quarter profit jumped 77 percent, driven by growing sales of data storage software and hardware as well as a hefty gain from the sale of an ownership stake in VMware.
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Intel (INTC), the largest maker of microchips, raised its quarterly revenue outlook Thursday, citing strong worldwide demand for its microprocessors, and its shares jumped more than 7% in after-hours trading.
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Dell Inc.'s announcement that it will expand its use of Advanced Micro Devices Inc. microprocessors is another win for the smaller chip maker against larger rival Intel Corp.
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The chip maker, a closely watched indicator of the overall health of the technology industry, reported net income of $1.3 billion, on revenue of $8.7 billion in the second quarter.
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Shares of Intel Corp. INTC.O rose  about 3 percent on Wednesday after the leading chipmaker  reported better-than-expected quarterly results and raised its  manufacturing spending plans.