Intel will exceed previous Q4 revenue expectations
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Intel is planning for a happy holiday season this month, as it expected to exceed its previous revenue guidance and has made progress in reducing its inventory, according to the company.
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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 posts its best quarterly sales figures, boosting optimism about profits in the industry.
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The chipmaker just meets expectations, while turning in its highest ever fourth-quarter revenue. Stock hit hard in after-hours trading.
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Intel&#39;s revenue increase for the fourth quarter fell short of analysts&#39; estimates in part because of weak prices for memory chips.
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Intel CEO says new quad-core gaming chip will deliver a 70 percent performance boost over dual-core chip.
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Intel (nasdaq: INTC - news - people ) released its Pentium 4 Extreme Edition processor on Monday. The hotly awaited--and just as hotly touted--new chip is geared for a &quot;balanced&quot; approach to home PCs: By tightening
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Intel Corp., the world's largest computer chip company, is not suffering from overcapacity and new areas are emerging that will increase global demand for microprocessors, its chief executive said Friday.
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SAN FRANCISCO - Intel is planning for a happy holiday season this month, as it expects to exceed its previous revenue guidance and has made progress in reducing its inventory, the company said Thursday.
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Advanced Micro Devices is counting on a new high-performance computer chip to hold on to hard-fought market share it has won from its principal rival, Intel.
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New Athlon 64 processors will compete with Intel's Pentium 4 Extreme Edition.
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Intel said its new forecast is generated by demand throughout its business units, including notebook and desktop chips as well as server processors.
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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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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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Graphics chip-maker ATI Technologies   Inc ATYT.OQ said on Wednesday that fourth quarter revenue is   expected to be about $520 million, below the low end of the   revenue outlook it provided in late June.
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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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The chipmaker will post twice the growth of the market average, which will hit $270 billion this year, analysts say.