Chipmaker Has Profit
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Intel reported its third-quarter profit rose 15 percent from a year earlier, though it continued to struggle with an inventory glut.
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The chipmaker will post twice the growth of the market average, which will hit $270 billion this year, analysts say.
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The powerful chip rebound anticipated in stock prices last year materialized in the quarter reported Tuesday by Taiwan Semiconductor (TSM:NYSE - news - research), which said earnings nearly doubled on a 27% surge in revenue.
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Microchip maker Intel Corp.  INTC.O on Tuesday reported its highest-ever quarterly revenue  and boosted its budget for factory and manufacturing  investments by more than $1 billion as profits exceeded Wall  Street expectations.
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DALLAS -- Third quarter profits at Texas Instruments Inc. grew by $116 million from a year ago due to rising demand for its chips used in high-end mobile phones and digital light processing systems for big-screen televisions.
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Texas Instruments Inc. , the world's largest maker of chips for cell phones, on Tuesday reported a smaller profit in the fourth quarter but its earnings topped a forecast it gave in December.
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The world's largest chipmaker posts its best quarterly sales figures, boosting optimism about profit throughout the industry.
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Computer chip maker Advanced Micro Devices Inc. (AMD.N: Quote, Profile, Research) on Thursday posted a third-quarter profit compared with a loss a year earlier and predicted a fourth-quarter pickup in sales.
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Texas Instruments Inc. , the largest maker of chips for cellular phones, on Monday said quarterly profit rose about 26 percent on demand from handset makers even as it struggles with a nagging inventory problem.
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Shares take a beating after the chipmaker says fourth-quarter operating income will be "down significantly" from the preceding quarter.
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Chipmaker reports record sales of server and notebook processors, but net income dips.
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Intel Corp. (INTC.O: Quote, Profile, Research) , the world&#39;s largest chip maker, on Tuesday reported a 15 percent rise in quarterly profit on an improved personal
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Intel Corp.  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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Cirrus Logic Inc. CRUS.O, whose  chips are used in a wide range of consumer electronics, on  Wednesday reported a quarterly profit versus a year-ago loss,  after an income tax benefit and other items.
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Qualcomm posted a profit of $767 million, or 46 cents a share, for the period that ended Dec. 30, compared with $648 million, or 38 cents a share, in the year-ago quarter.
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The graphics chip company recaptures the high-end segment and quadruples profits.
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The computer maker's earnings hit estimates, but investors hoped for more.