Intel Raises 3Q Sales Outlook
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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  on Monday raised  its third-quarter revenue forecast and said gross margins would  be at the high end of its target range, citing  stronger-than-expected global demand for computing products.
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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 said it now sees third-quarter revenue between $9.4 billion and $9.8 billion, boosted by stronger-than-expected demand.
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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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Looking ahead, AMD forecast that third-quarter revenue would increase in line with traditional seasonal growth rates.
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Chip-maker Advanced Micro Devices Inc. posted a 30 percent increase in sales and a third-quarter profit Thursday as demand for its microprocessors continued to grow despite competition from its much larger rival Intel Corp.
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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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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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Intel raised its revenue forecast for the fourth quarter, citing surprisingly strong demand across its line of chips for personal computers.
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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.&#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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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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NEW YORK/SAN FRANCISCO  - Shares of Intel Corp.  INTC.O rose 2.4 percent on Wednesday after the leading  chipmaker reported better-than-expected quarterly results and  raised its manufacturing spending plans.
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Intel Corp  said on Monday that its third-quarter revenue would likely exceed its previous forecast, boosted by stronger-than-expected demand.
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Intel Corp  on Tuesday  posted a 51 percent rise in quarterly net income, paced by  brisk sales of its microprocessors used in notebook personal  computers, and gave a forecast that lagged some analyst  estimates.
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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.