Intel boosts revenue forecast
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A strong demand for its computer chips brightens otherwise dismal year for the maker of semiconductors. By Laurie J. Flynn. SAN FRANCISCO -- Eking out a strong finish to end a disappointing year, Intel Corp
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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.&#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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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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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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Driven by record sales of server and mobile microprocessors and a bigger slice of the flash memory market, Intel Corp.'s third-quarter profits rose 15 percent even as it struggled with lackluster PC sales, excess inventory and stiff competition.
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Intel Corp.&#39;s shares climbed nearly 6 percent Friday after saying its fourth-quarter sales are on track to break a company record because demand for the chips that
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Chip maker's fourth-quarter revenue up 10 percent, led by robust demand for server and notebook processors.
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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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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
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Intel Corp. , the world's largest maker of microchips, on Thursday raised its quarterly revenue outlook, citing strong worldwide demand for its microprocessors and reduced levels of inventories, and its shares jumped more than 7 percent in after-hours trading.
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Shares of Intel Corp. INTC.O 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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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 world's largest chipmaker posts its best quarterly sales figures, boosting optimism about profits in the industry.
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Semiconductor giant Intel Corp. dramatically raised the range of its fourth-quarter sales forecast Thursday as it benefited from strong holiday demand for microprocessors, the brains of personal computers.
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Intel Corp. INTC.O, the world's  largest maker of microchips, on Thursday raised its quarterly  revenue outlook, citing strong worldwide demand for its  microprocessors and reduced levels of inventories, and its  shares jumped more than 7 percent in after-hours trading.
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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.