Intel Slammed on Soft Sales
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The world's largest chipmaker posted a whopping profit but investors concerns centered around lower-than-expected sales.
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SAN FRANCISCO: Intel upcoming mid-quarter report will be closely watched for signs of weak back-to-school computer sales, though recent market share gains in memory chips could help offset any softness in computer microprocessor demand.
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Kerching Microprocessor chip sales hit record levels in the third quarter thanks in large part to an intense two-horse race between arch rivals Intel and AMD, according to a new study.â¦
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Intel Corp.'s second-quarter profit jumped 44 percent on strong sales of microprocessors, but the company's shares fell amid signs that fierce competition continues to push chip prices lower.
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Intel&#39;s revenue increase for the fourth quarter fell short of analysts&#39; estimates in part because of weak prices for memory chips.
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SEMICONDUCTOR maker Advanced Micro Devices has warned its quarterly revenue will be lower than forecast, citing softness in sales of its memory chips used in cell phones and other devices.
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Chip stocks fell across the globe on Friday after Intel, the market leader, slashed its forecasts for revenue and profit margin for the third quarter, citing unexpectedly weak demand.
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There's been yet another product delay at Intel.
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Intel Corp.'s INTC.O upcoming  mid-quarter report will be closely watched for signs of weak  back-to-school computer sales, though recent market share gains  in memory chips could help offset any softness in computer  microprocessor demand.
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NEW YORK - Intel certainly surprised many semiconductor industry watchers today with its improving sales forecasts for the current quarter, but not everyone is convinced that all is as rosy as it seems at the world&#39;s biggest chipmaker.
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How gross were the margins? Intel told the best possible second quarter story, and few investors listened.â¦
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Aggressive marketing and pricing helps Intel climb back out of flash memory hole, but marketwide flash revenue declined.
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Applied Micro Circuits Corp., a communications chip maker, on Thursday said it expects lower second-quarter revenue compared to its first quarter, based on soft sales in Asia and lower orders.
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Where users are frustrated with sluggish performance and primitive graphics, the chipmaker sees reasons customers will buy new PCs and servers.
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Investor's Business Daily - Chip giant Intel  (NasdaqGS:INTC - News) fell short in the fourth quarter and issued a tepid outlook, heightening concerns about the sluggish economy's impact on tech demand.
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Intel, the world's leading computer chip maker, slashes its revenue forecasts, triggering a decline in global chip stocks.
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Shares of Intel fell sharply as the nation's largest semiconductor maker lowered its revenue and profit margin forecast.