Intel earns 45% more in 2007 than in 2006
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It was by any measure a stellar year for the world's leading microprocessor manufacturer, but what's disappointing investors this quarter is the disheartening news that 2007 is over.
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Santa Clara - Semiconductor giant Intel on Tuesday said its third-quarter profit jumped 15 percent from a year ago to $1.9 billion (R12.
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Shares of Intel Corp. rose as much as 8.7 percent in Europe after a surprise pickup in demand for computer chips prompted the company to raise its fourth-quarter revenue forecast.
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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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By Kyodo News International, Tokyo  Sep. 6--NEW YORK -- Intel Corp. said Tuesday it will cut 10,500 jobs, or  about 10 percent of its total workforce, by mid-2007 to cope with harsh price  competition in the semiconductor industry.
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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 profit margin goal and its shares fell nearly 5 percent.
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Intel Corp., the world's largest computer chip maker, is expected to report higher revenue from global operations in the first half of 2005 than in the same period this year, chief executive Craig Barrett said.
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Intel said its quarterly profit rose 45% to $1.3 billion, as low chip prices were offset by strong unit shipments.
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Late yesterday afternoon, Intel announced it plans to invest as much as $1.5 billion in the retooling of its Fab 11X production site in Rio Rancho, New Mexico, so that it can produce 45-nanometer CPUs with its newly announced high-K + metal-gate transistor refinement technique during the second half of next year.
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Intel Corp.'s profit leaped 51 percent as sales of microprocessors accelerated in the fourth quarter, but its shares plummeted on signs that the world's largest semiconductor maker is feeling the pinch of an ailing U.S. economy.
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Intel Corp. , the largest maker of computer processors, posted a rise in second-quarter earnings on Tuesday, but missed its gross profit margin goal and its shares fell nearly 5 percent.
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Intel (INTC), the largest maker of microchips, raised its quarterly revenue outlook Thursday, citing strong worldwide demand for its microprocessors, and its shares jumped more than 7% in after-hours trading.
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Advanced Micro Devices Inc.  gave a strong 2007 outlook for gross margins on Thursday and said its microprocessor sales would grow twice as fast as the industry average of 10 percent due to market share gains.
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(InfoWorld) - After watching its market share for the North American desktop PC market slip in a soft third quarter, Advanced Micro Devices Inc. (AMD) will seek greater profits in 2007 throughÂ a new family of quad-core server chipsÂ and itsÂ acquisition of graphics chip maker ATI. "From a customer perspective, our integration is completed," said Henri Richard, AMD's chief sales and marketing officer during the company's annual analyst meeting in New York on Thursday. The companies still face several years of work to reach their goal of launching a combined processor and graphics chip called Fusion, but since closing the deal in October, they have already combined sales forces, supply chains and manufacturing facilities. In the short term, that will enable "the new AMD" to benefit whenÂ Microsoft's launch of the Windows VistaÂ OS sparks increased demand for visual capability in PCs. "Vista will change the paradigm of how people relate to their PCs and their criteria for selecting devices in 2007. That emphasis on a more visual experience will give AMD an edge," Richard said. AMD will also use the ATI acquisition to enter the fast-growing consumer electronics market in 2007, selling more video processing chips as demand rises for digital and high-definition TV, and selling more embedded chips as handheld devices converge the capabilities of cell phones and PCs, he said. AMD expects 19 percent growth for its chips used in the handheld sector and 44 percent growth in digital TVs. In the meantime, AMD will focus on its bread-and-butter product, the Opteron server chip. AMD plans to increase its revenue from microprocessors and chipsets by 20 percent in 2007, twice its prediction for the industry's growth rate. Chip-making rival Intel Corp. regained some ground in the desktop and server markets in recent months with its Core 2 Duo and dual-core Woodcrest Xeon chips. But AMD is poised to defend its turf. The company demonstrated a four-chip server using laboratory versions of its "Barcelona" quad-core Opteron chip at the meeting. Compared to AMD's own dual-core server chips, the design marks a 40 percent to 70 percent improvement in processing power and a 60 percent improvement in performance per watt. AMD plans to launch that chip for high-end servers in the second half of 2007, and update it with a "Shanghai" model in 2008. The company also plans to expand from its stable of processors designed for two, four and eight-chip servers in 2007 by launching "Budapest,"a quad-core Opteron chip designed for the single-processor servers used in the small business market. AMD will also improve its Turion and Sempron notebook chips, extending battery life with a more efficient "Hawk" model in 2007 and "Griffin" model in 2008. Together, those products will help return AMD to a better mix of products, Richard said. "We had been heavily reliant on the desktop sector. Now our server and laptop segments are growing faster, so we will soon reach the industry average." AMD has already started designing an eight-core server chip, set for release in three years, but has no plans to build chips with even more cores. "I think most people recognize the industry made a mistake getting into the megahertz wars, because we should have been more focused on the efficiency of the overall platform. And we would make another mistake if we got into a core war," said Phil Hester, AMD's chief technology officer. "You'd scratch your head if someone tried to sell you a 16- or 32-cylinder car and ask 'Why on earth do I need this?' You really need something whose capabilities are matched to what you'll use it for every day."
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Intel Corp. , the largest maker of computer processors, posted a rise in second-quarter earnings on Tuesday but profit margins missed the company's target and its shares fell nearly 5 percent.
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InfoWorld - AMD&#160;had a great year in 2006, using its success with the Opteron server processor to win greater respect from users -- and troubled rival Intel.
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Strong holiday sales of computer and cell phone chips boosted Intel Corp.'s fourth-quarter sales to a record &#36;9.6 billion, but the world's largest chip maker saw profits slip 2 percent from the same period last year.