Micron Sales Rise 34 Pct
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Micron Technology Inc., the No. 3 computer memory chip maker, on Wednesday reported a quarterly profit on stronger pricing, reversing a year-earlier loss.
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Intel Corp. , the world's largest maker of microchips, on Thursday raised its quarterly revenue outlook, citing strong worldwide demand for its microprocessors and reduced levels of inventories, and its shares jumped more than 7 percent in after-hours trading.
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Applied Materials Inc. , the top supplier of equipment for making microchips, on Tuesday said first-quarter profit nearly tripled and that second-quarter revenue could rise as much as 5 percent, sending its shares up 4.5 percent.
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IBM reported a better-than-expected 24 percent rise in preliminary quarterly earnings on Monday on strong sales in overseas markets, driving its shares up 6 percent and spurring a broader tech rally.
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EMC Corp. revenue for the third quarter grew 34 percent year-on-year, driven by software and services sales, the company reported Tuesday.
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At the 3GSM World Congress today, Micron Technology, Inc., (NYSE:MU),  introduced a new 1 Gigabit (Gb) Mobile DRAM for popular high-end,  feature rich mobile phones with multimedia and computing features.
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The world's largest chipmaker posts its best quarterly sales figures, boosting optimism about profit throughout the industry.
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Micron Technology Inc. of the United States probably overtook Koreaâs Hynix Semiconductor Inc. as the worldâs second-largest computer memory chipmaker during the third quarter, market researcher IDC said.
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Computer memory chip maker Micron  said on Wednesday it had indications that demand for DRAM  memory chips, used mainly in personal computers, would be  robust enough to soak up rising supply in 2005.
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Worldwide sales of semiconductors rose 9.2 percent to $21.5 billion in January from a year earlier as economic confidence buoyed demand for consumer products like mobile phones and computers, Bloomberg News reported from Berlin.
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IBM  reported a better-than-expected 24 percent rise in preliminary quarterly earnings on Monday on strong sales in overseas markets, driving its shares up 6 percent and spurring a broader tech rally.
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Chip-maker Advanced Micro Devices Inc. posted a 30 percent increase in sales and a third-quarter profit Thursday as demand for its microprocessors continued to grow despite competition from its much larger rival Intel Corp.
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Worldwide semiconductor sales rose a  scant 1.5 percent in October, to $18.8 billion from $18.5  billion in September, as many chip users pared bloated  inventories, the Semiconductor Industry Association said on  Friday.
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Strong demand and reduced stockpiles foretell a dramatic rise in chip giant Intel&#39;s sales outlook, the firm says. The company, whose chips power most of the world&#39;s PCs, said it expected sales of $9.3-9.5bn
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The Semiconductor Industry Association said worldwide chip sales rose 2.2 percent in July, largely due to gadget demand.
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The chipmaker will post twice the growth of the market average, which will hit $270 billion this year, analysts say.
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Global semiconductor sales reached a record $248 billion last year, driven largely by favorable economic conditions and rising demand for consumer electronics such as high-definition TVs, digital music players and cell phones, an industry group said Friday.