Intel lowers quarterly forecast
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High-tech bellwether Intel Corp. lowered its financial outlook yesterday, providing the latest sign of the economy's doldrums.
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Intel Corp.'s fourth-quarter profit fell 2 percent but it reported record sales as the company benefited from strong holiday demand for computer chips and a reduced inventory buildup from earlier in 2004.
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Intel Corp. lowered its revenue projections for its third quarter yesterday, citing slow consumer purchases across the globe.
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Clouds continued to gather over the chip sector last week after Philips confirmed a bleaker outlook for sales, and analog and DSP chip vendor Cirrus Logic Inc sharply downgraded its forecast for the current quarter because customers want to reduce
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Stock index futures were down sharply on Wednesday, suggesting stocks may add to Tuesday's deep losses, after Intel Corp's  quarterly results and outlook were below Wall Street targets, heightening fears of recession.
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NEW YORK - U.S. stocks are picked to open lower Friday after Intel Corp.'s outlook soured the picture for the chip sector, but August non-farm payrolls, due out at 8:30 a.m., should set the tone for trading...
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Intel fired a warning flare Thursday that the recovery of the high-tech economy might be fading. The Santa Clara, Calif.-based chip giant, which has its largest base of operations in Hillsboro, lowered its
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Chip maker Advanced Micro Devices  Inc. AMD.N on Tuesday reported a quarterly loss from a  year-earlier profit following a reduced forecast it gave last  week.
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Intel  on Tuesday posted  quarterly results and an outlook behind Wall Street targets,  sending its shares down 15 percent and stoking concerns about a  U.S. recession and further stock market sell-offs.
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Stock index futures fell on Wednesday, suggesting stocks may add to Tuesday's deep losses, after Intel Corp's  quarterly results and outlook were below Wall Street targets, heightening fears of recession.
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Semiconductor maker Analog Devices Inc. lowered its outlook for the fiscal fourth quarter Thursday, citing weak demand in September and October.
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US technology shares tumbled on Friday after Intel Corp. , the world&#39;s No. 1 chip maker, slashed its revenue forecast, but blue chips were only moderately lower as drug and industrial stocks gained.
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US stock futures pointed to a sharply lower start Friday as Intel Corp.&#39;s disappointing third-quarter revenue and margin forecast sent chip stocks tumbling overseas.
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Semiconductor maker Advanced  Micro Devices Inc. AMD.N warned on Monday that its quarterly  revenue will be lower than forecast, citing softness in sales  of its memory chips used in cell phones and other devices. The  company's shares fell after the warning.
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Stocks declined on Tuesday, weighed down by losses in the technology sector after microchip maker National Semiconductor Corp.  cut its quarterly revenue forecast.
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The information technology (IT) sector is expected to set the tone of the Korean stock market in the near term after Intel, the worldâs largest semiconductor maker, slashed its third-quarter sales forecast last Thursday.
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Intel will miss its 2004 product cost-reduction targets because of a widely publicized string of product delays and problems, but those missteps are largely behind it now, the world&#39;s largest chipmaker said on Tuesday.