Update 3: Chip Maker Intel&#39;s Profits Rise 15 Percent
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Intel Corp.&#39;s third-quarter profits jumped 15 percent and sales edged higher even though the semiconductor giant struggled with weak demand for desktop computer microprocessors, excess inventory and growing competition.
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Computer-chip maker Intel Corp. said yesterday that earnings for its third quarter were $1.9 billion -- up 15 percent from the same quarter a year ago -- but the company cautioned that computer-processor demand in the United States is likely to remain low.
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The chip maker, a closely watched indicator of the overall health of the technology industry, reported net income of $1.3 billion, on revenue of $8.7 billion in the second quarter.
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Shares of Intel Corp.  rose about 3 percent on Wednesday after the leading chipmaker reported better-than-expected quarterly results and raised its manufacturing spending plans.
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SEOUL (Dow Jones)--South Korea&#39;s Hynix Semiconductor Inc. (000660.SE) Monday posted sharply higher net profit for the third quarter, helped by strong chip prices - making
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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., the world&#39;s biggest computer-chip maker, doubled its quarterly dividend and boosted its stock buyback program by $11.
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The EchoStar Communications Corporation said fourth-quarter profit rose 15 percent as a result of an increase in subscribers.
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Intel Corp. , the largest maker of microchips, on Thursday raised its quarterly revenue target, citing strong worldwide demand for its microprocessors, and its shares jumped nearly 6 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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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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Intel (INTC:Nasdaq - news - research) delivered part of the news that Wall Street wanted to hear Thursday, raising its projections for revenue in the fourth quarter by nearly 6%.
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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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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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Intel Corp. (INTC.O: Quote, Profile, Research) , the world&#39;s largest maker of microchips, on Thursday raised its quarterly revenue outlook, citing strong worldwide
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Profit at Tyco&#39;s electronics unit rose more than fourfold in the quarter as revenue climbed 15 percent on higher sales volume in automotive, communications, computer and consumer electronics.
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Blog: The past year was rough, but Intel's back to giving Wall Street what it wants: solid gains in both revenue and profits.