Intel, Citing Brisk Demand, Posts 10% Rise in Revenue
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Intel gave an upbeat forecast for the coming year, suggesting that the company was making progress in overcoming some of its production problems.
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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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Eking out a strong finish to a disappointing year, Intel, the world&#39;s largest semiconductor maker, raised its revenue forecast for the fourth quarter on Thursday, citing
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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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Third-quarter revenue was $8.47 billion, up 8 percent from last year's third-quarter revenue of $7.83 billion. Intel shipped a record number of processors in the quarter, but it had forecast even higher growth coming off of its second-quarter earnings conference call.
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Microchip maker Intel Corp. on  Tuesday reported its highest-ever quarterly revenue and boosted  its budget for factory and manufacturing investments by more  than $1 billion as profits exceeded Wall Street expectations.
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Shares of Intel Corp. rose as much as 8.7 percent in Europe after a surprise pickup in demand for computer chips prompted the company to raise its fourth-quarter revenue forecast.
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The chip maker reported revenue of $10.71 billion, up 10.5 percent from the quarter a year earlier, but about $100 million short of analystsâ forecasts.
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Intel said its quarterly profit rose 45% to $1.3 billion, as low chip prices were offset by strong unit shipments.
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Chipmaker Intel sees its latest profits surge 43%, lifted by strong demand for its laptop microprocessors.
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Chipmaker Intel boosts its prediction of sales for the final three months of the year to $9.3-9.5bn.
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Stock index futures added to gains on Monday after Intel Corp  revised its revenue outlook higher, setting the stage for the chip sector to help the market shake off last week's losses.
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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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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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Intel Corp., the world&#39;s biggest computer-chip maker, doubled its quarterly dividend and boosted its stock buyback program by $11.
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Microchip maker Intel Corp.  on Tuesday reported its highest-ever quarterly revenue and boosted its budget for factory and manufacturing investments by more than &#36;1 billion as profits exceeded Wall Street expectations.
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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.