Intel Profit Jumps 44 Percent Despite Price War
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Intel said its quarterly profit rose 44 percent over last year, reaching $1.3 billion.
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SANTA CLARA, Calif. -- Intel Corp., the world's largest chip maker, raised its third-quarter revenue outlook on Monday due to stronger-than expected demand for its microprocessors.
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Intel Corp., the world's largest chip maker, posted a 51 percent jump in its fourth-quarter profit Tuesday, but sales fell slightly below expectations and the company's shares dropped sharply in after-hours trading.
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Advanced Micro Devices Inc.  AMD.N on Thursday reported a $44 million third-quarter profit  from a loss a year earlier, and predicted sales growth in the  current quarter because of better-than-expected demand for its  personal computers processors.
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Eking out a strong finish to end a disappointing year, Intel Corp on Thursday raised its revenue forecast for the fourth quarter, citing surprisingly strong demand across its line of chips for personal computers.
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Intel Corp.  shares rose as  much as 2 percent on Monday after Friedman Billings Ramsey  upgraded its rating and price target on the stock, citing signs  of improvement in demand and inventory.
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Intel benefited from a reorganization and various new products after several quarters of a bruising price war with Advanced Micro Devices.
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Chipmaker Intel sees its latest profits surge 43%, lifted by strong demand for its laptop microprocessors.
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Intel Corp.'s fourth-quarter sales are on track to break a company record as demand for the chips that power computers was stronger than originally expected in the weeks leading up to the holiday buying season.
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Intel Corp. , the largest maker of computer processors, posted a rise in second-quarter earnings on Tuesday, reflecting greater strength against rival AMD.
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Intel Corp., the worldâs largest semiconductor producer, said yesterday its third-quarter profit rose at the slowest pace in five quarters on record stockpile of computer chips, growing competition and slow sales of PCs.
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Intel Corp. INTC.O, the largest  maker of microchips, on Thursday raised its quarterly revenue  outlook, citing strong worldwide demand for its  microprocessors, and its shares jumped more than 7 percent in  after-hours trading.
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Intel Corp  on Monday raised its third-quarter revenue forecast and said global demand for computing products was stronger than expected, sending its shares up 2.8 percent.
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Intel Corp.&#39;s fourth-quarter sales are on track to break a company record as demand for the chips that power computers was stronger than originally expected in the weeks leading up to the holiday buying season.
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South Korea's Hynix Semiconductor Inc.  said fourth-quarter profit rose 35 percent to a record high,  beating estimates, on strong sales of computer memory chips,  but forecast steep falls in chip prices.
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Driven by demand for flash memory chips used in cell phones, Intel's profits rose as it struggled to overcome weak PC sales, growing inventory, product missteps and stiff competition.
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Strong holiday sales of computer and cell phone chips boosted Intel Corp.'s fourth-quarter sales to a record &#36;9.6 billion, but the world's largest chip maker saw profits slip 2 percent from the same period last year.