Intel quarterly profit rises but margins miss
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Intel Corp. , the largest  maker of computer processors, posted a rise in second-quarter  earnings on Tuesday, but its missed its gross margin goal and  its shares fell nearly 5 percent.
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Intel Corp. , the world's  biggest chipmaker, on Wednesday posted a sharply lower second  quarter profit amid fierce competition from rival Advanced  Micro Devices Inc. .
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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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Nordstrom Inc.&#39;s profit jumped 62 per cent on strong sales and lower markdowns, the company said Thursday, but results missed Wall Street&#39;s forecast.
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With stronger profits to report, Intel's looking forward to this week. Struggling AMD, on the other hand, will hope it goes by quickly.
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International Business Machines Corp.  on Tuesday posted a quarterly net profit that beat Wall Street's recently raised target as solid year-end product sales were buoyed by a weaker U.S. dollar.
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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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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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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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U.S. blue chips were a bit higher on  Wednesday, with Intel Corp. INTC.O rising on  better-than-expected earnings, but a drop in Verizon  Communications VZ.N following a brokerage downgrade kept a  lid on gains.
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Blog: The past year was rough, but Intel's back to giving Wall Street what it wants: solid gains in both revenue and profits.
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Stocks trimmed gains to trade nearly  unchanged on Wednesday as a report showing an unexpected jump  in the U.S. trade deficit overshadowed better-than-expected  earnings from technology bellwether Intel Corp. INTC.O
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(InfoWorld) - Intel said its quarterly profit rose 44 percent over last year, reaching $1.3 billion as low selling prices for its microprocessors were offset by higher than expected unit shipments. The results came despite an ongoing price war as Intel and rival AMD struggle for larger shares of the processor market. Both companies have been cutting prices on their chips as they upgrade their products from standard chips to dual-core and quad-core processors. Intel is also in the final stages of a corporate reorganization that included the layoffs of thousands of workers in 2006, and at least 1,800 more layoffs planned for August. The company incurred restructuring charges of $82 million during the most recent quarter as it continued to adjust to the changes, Intel said on Tuesday. Despite those challenges, Intel earned $0.22 per share on revenue of $8.7 billion for the quarter ending June 30, beating Wall Street expectations that the company would earn $0.19 per share on revenue of $8.54 billion, according to analysts polled by Thomson Financial. Intel also beat its own mark from the second quarter of 2006, when it earned $0.15 per share on revenue of $8.01 billion.
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Chipmaker Intel sees its latest profits surge 43%, lifted by strong demand for its laptop microprocessors.
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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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Samsung Electronics Co. Ltd.&#39;s (005930.KS: Quote, Profile, Research) quarterly profit jumped 46 percent from a year ago on strong memory chip earnings, but fell
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SAN FRANCISCOâAnalog chip maker National Semiconductor Corp. yesterday posted a higher quarterly profit, with sales in line with its reduced forecast on lower-than-expected demand for flat-panel displays and from Chinese wireless handset makers.