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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U.S. shares are set to open higher on Friday, buoyed by Intel Corp.  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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Stocks opened higher on Monday after Intel Corp  raised its revenue outlook, setting the stage for the chip sector to help the market shake off last week's losses.
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Intel is planning for a happy holiday season this month, as it expected to exceed its previous revenue guidance and has made progress in reducing its inventory, according to the company.
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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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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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The chip maker reported revenue of $10.71 billion, up 10.5 percent from the quarter a year earlier, but about $100 million short of analystsâ forecasts.
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SAN FRANCISCO - Intel is planning for a happy holiday season this month, as it expects to exceed its previous revenue guidance and has made progress in reducing its inventory, the company said Thursday.
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Intel said its quarterly profit rose 44 percent over last year, reaching $1.3 billion.
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Intel Corp. , the largest maker of computer processors, posted a rise in second-quarter earnings on Tuesday, but missed its gross profit margin goal and its shares fell nearly 5 percent.
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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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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. (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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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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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&#39;s losses.
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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 , 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.