Intel lifts forecast
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SEMICONDUCTOR giant Intel has dramatically raised the range of its fourth-quarter sales forecast as it benefited from strong holiday demand for microprocessors.
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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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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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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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U.S. stock futures pointed to a higher  market open on Wednesday, boosted by Intel Corp.'s  better-than-expected earnings, but the direction of oil prices  after a key inventory report at midmornnig may dictate whether  stocks can hold that upward momentum.
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Qualcomm Inc. Friday raised its earnings and revenue forecasts for the current quarter, based on higher shipments of its cell-phone chips.
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U.S. stock futures rose on Friday, spurred by lower oil prices and Intel Corp.'s   higher sales forecast as Wall Street waited for monthly employment data for clues about the economy's health.
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Santa Clara - Semiconductor giant Intel on Tuesday said its third-quarter profit jumped 15 percent from a year ago to $1.9 billion (R12.
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Intel Corp.&#39;s fourth-quarter sales are on track to break a company record as demand for the chips that power computers was stronger than originally expected in the weeks leading up to the holiday buying season.
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Intel Corp.  shares rose as  much as 2 percent on Monday after Friedman Billings Ramsey  upgraded its rating and price target on the stock, citing signs  of improvement in demand and inventory.
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Wall Street was set to rally on Wednesday as forecast-beating results from tech bellwether Intel Corp  boosted the outlook for chip makers, while U.S. trade data will set direction for the dollar.
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Green Christmas. Intel (nasdaq: INTC - news - people ) on Thursday pumped up the range of its fourth-quarter sales forecast. The Pentium chip maker cited muscular global holiday demand for its microprocessors.
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The Intel Corporation, the largest semiconductor maker, reported on Tuesday that its profit for the third quarter rose 15 percent from a year earlier, though it
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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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Intel Corp. INTC.O on Tuesday  said quarterly profit rose 15 percent, helped by record sales  in Asia and stronger demand for notebook and server computer  chips, and gave an outlook that reassured jittery investors  that it could grow despite tough market conditions.
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The world's largest chipmaker Intel sees profits rise 15% to Â£1.9bn thanks to strength in its personal computer business.
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US stock futures were headed higher Friday morning after a strong outlook from Intel Corp. and moderating oil prices but the jobs report due out at 8:30 am EST will likely add to volatility Friday.