Chipmaker Has Profit
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Intel reported its third-quarter profit rose 15 percent from a year earlier, though it continued to struggle with an inventory glut.
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The chip company makes a major deal to reach a new market.
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Chipmaker reports record sales of server and notebook processors, but net income dips.
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Intel Corp. INTC.O on Tuesday  said quarterly profit rose 15 percent, helped by record sales  in Asia and stronger demand for notebook and server computer  chips, and gave an outlook that reassured jittery investors  that it could grow despite tough market conditions.
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Third-quarter profits at Hynix Semiconductor Inc, the second-largest maker of basic memory chips, nearly quadrupled from a year ago on robust demand, but dropped from the previous quarter due to falling prices.
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Intel Corp. said Tuesday its second-quarter profit jumped 44 percent on strong sales of microprocessors even as the company faced fierce competition that pushed prices lower.
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Texas Instruments Inc. TXN.N,  the world's largest maker of chips for cell phones, on Tuesday  reported a smaller profit in the fourth quarter but its  earnings topped a forecast it gave in December.
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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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The world's largest chipmaker posts its best quarterly sales figures, boosting optimism about profits in the industry.
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Shares take a beating after the chipmaker says fourth-quarter operating income will be "down significantly" from the preceding quarter.
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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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Micron Technology Inc. MU.N,  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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Mobile chipmaker Texas Instruments Inc  posted higher third-quarter earnings on Monday as it sold more analog chips with higher profit margins.
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Taiwan Semiconductor Manufacturing Co., the world&#39;s biggest producer of made-to-order chips, on Tuesday reported record net profits in the third quarter amid increased demand for chips for cameras, mobile phones, notebook computers and other devices.
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Texas Instruments, the largest maker of chips for mobile phones, said its fourth-quarter profit rose 13 percent and that sales reversed a yearlong decline.
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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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National Semiconductor Corp.  NSM.N, a maker of chips used to manage power consumption in  electronics, on Thursday said quarterly profit rose, helped by  a one-time gain and a tax benefit, and it forecast a  smaller-than-usual sales decline in the current quarter.