Intel Earnings Exceed Expectations
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The chip maker, a closely watched indicator of the overall health of the technology industry, reported net income of $1.3 billion, on revenue of $8.7 billion in the second quarter.
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Intel upgraded its Q3 revenue forecast on the basis of surprisingly high demand for chips across its product line.
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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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Strong demand and reduced stockpiles foretell a dramatic rise in chip giant Intel&#39;s sales outlook, the firm says. The company, whose chips power most of the world&#39;s PCs, said it expected sales of $9.3-9.5bn
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Intel Corp. , 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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Chipmaker Intel predicts that strong demand means its three month results will beat earlier forecasts.
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Intel Corp.'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 (INTC:Nasdaq - news - research) delivered part of the news that Wall Street wanted to hear Thursday, raising its projections for revenue in the fourth quarter by nearly 6%.
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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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Microchip maker Intel Corp. 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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The world's largest chipmaker posts its best quarterly sales figures, boosting optimism about profits in the industry.
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Chipmaker Intel sees its latest profits surge 43%, lifted by strong demand for its laptop microprocessors.
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Green Christmas. Intel (nasdaq: INTC - news - people ) on Thursday pumped up the range of its fourth-quarter sales forecast. The Pentium chip maker cited muscular global holiday demand for its microprocessors.
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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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Semiconductor giant Intel Corp. dramatically raised the range of its fourth-quarter sales forecast Thursday as it benefited from strong holiday demand for microprocessors, the brains of personal computers.
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Intel Corp. INTC.O, the largest  maker of microchips, on Thursday raised its quarterly revenue  outlook, citing strong worldwide demand for its  microprocessors, and its shares jumped more than 7 percent in  after-hours trading.
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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.