Intel Raises Its Outlook; Rival Offers New Chip
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In making the announcement, Intel cited stronger-than-expected demand for microprocessors and high hopes for the back-to-school shopping season.
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Intel creates a more powerful memory chip without increasing its size, confounding warnings that the firm had hit its technical limits.
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Intel is expected to kick off its semi-annual developer forum Tuesday by demonstrating a new dual-core processor, something rival AMD showed off last week.
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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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It's becoming clear that the low-power Silverthorne processor is more than a new chip. It is a building block for Intel's future road map.
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Intel Corp , the world's largest chip maker will probably generate double-digit annual earnings growth over the next several years and extend its lead over rival Advanced Micro Devices Inc , especially if the economy falters, Barron's said.
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U.S. shares are set to open higher on  Friday, buoyed by Intel Corp. INTC.O after the world's  largest chip maker raised its quarterly revenue target due to  strong demand, but all eyes will be on jobs data before the  opening.
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Earnings up... Chip monster Intel is upping its guidance for the third quarter - the day arch-rival AMD launches its Barcelona chip.â¦
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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 gross margins would be at the high end of its target range, citing stronger-than-expected global demand for computing products.
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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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Intel Corp  said on Monday that its third-quarter revenue would likely exceed its previous forecast, boosted by stronger-than-expected demand.
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Intel Corp., the giant chipmaker, which has been plagued by product delays and cancellations this year, raised its fourth-quarter revenue forecast on Thursday well above Wall Street expectations.
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Both AMD and Intel are preparing to unveil new, ultra high-end processor refreshes later this month that will push the 3.5 GHz mark.
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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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Intel Corp. introduced its latest microprocessor for server computers Monday, one of a trio of new chips the world&#039;s biggest semiconductor maker is counting on to regain market share lost to Advanced Micro Devices Inc.
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Intel develops a new chip that roughly doubles the number of transistors on a chip.