Intel pumps up third-quarter profit
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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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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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Shares of Intel Corp.  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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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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Micron Technology Inc., the No. 3 computer memory chip maker, on Wednesday reported a quarterly profit on stronger pricing, reversing a year-earlier loss.
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Hynix Semiconductor Inc., the world&#39;s second-largest maker of computer-memory chips, said profit quadrupled in the third-quarter and will rise in the current period on increased demand for its products.
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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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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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Intel officials said yesterday that the company's fourth-quarter revenue will total between $9.3 billion and $9.5 billion, pushed up by demand for its desktop, notebook and server processors.
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Diversified manufacturer 3M Co  reported higher operating earnings on Tuesday as the industrial and consumer bellwether saw growth in its health-care and international businesses.
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Chipmaker Intel predicts that strong demand means its three month results will beat earlier forecasts.
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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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Eking out a strong finish to a disappointing year, Intel, the world&#39;s largest semiconductor maker, raised its revenue forecast for the fourth quarter on Thursday, citing
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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. INTC.O, the world's  largest maker of microchips, on Thursday raised its quarterly  revenue outlook, citing strong worldwide demand for its  microprocessors and reduced levels of inventories, and its  shares jumped more than 7 percent in after-hours trading.
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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.