Intel shares slide as poor sales lead to lower profit forecasts
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SAN FRANCISCO -- Shares of Intel Corp. fell more than seven per cent yesterday after the computer chip giant&#39;s management lowered the company&#39;s financial projections after concluding businesses and consumers aren&#39;t in a spending mood.
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Asian shares were mostly lower on  Tuesday, pulled down by technology stocks following worries  about a sales forecast from bellwether Intel Corp. and  unexpectedly flat industrial output in Japan.
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Shares of Intel Corp. fell nearly 3 percent Wednesday, a day after the world's largest chip maker announced more than 10,000 job cuts that some investors believed were not severe enough.
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U.S. technology shares tumbled on  Friday after Intel Corp. INTC.O, the world's No. 1 chip  maker, slashed its revenue forecast, but blue chips were only  moderately lower as drug and industrial stocks gained.
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Technology stocks sank Friday after Intel Corp., the world&#39;s largest chipmaker, disappointed investors by slashing its revenue forecast.
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US technology shares tumbled on Friday after technology bellwether Intel Corp. (INTC.O: Quote, Profile, Research) slashed its revenue forecast, but blue chips were only moderately lower as drug and industrial stocks made solid gains.
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Intel Corp's INTC.O sharp cut in its  revenue outlook dragged down shares of personal computer makers  on Friday, on fears that the chipmaker's problems could signal  weak PC markets, analysts said.
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TORONTO (CP) - Stocks were lower Friday afternoon as markets sorted through an August US jobs report that narrowly missed modest expectations and were dismayed at a revenue warning from tech bellwether Intel.
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U.S. stocks fell on Tuesday, pressured  by a sales warning from chip maker Advanced Micro Devices Inc.  AMD.N and lower-than-expected earnings from aluminum producer  Alcoa Inc. AA.N
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NEW YORK Sept. 3, 2004 - US stocks are picked to open lower Friday after Intel Corp.&#39;s outlook soured the picture for the chip sector, but August non-farm payrolls, due out at 8:30 am, should set the tone for trading.
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SHARES are set for a bumpy ride after Wall Street lost ground on the weekend, derailed by weak US jobs data and a poor prognosis from Intel which sparked worries for the health of the tech sector.
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Shares of Advanced Micro Devices   fell more than 10 percent on Friday after the computer  chip maker forecast quarterly revenue below market expectations  amid a price battle with larger rival Intel Corp..
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Intel Corp.  on Thursday cut its third-quarter revenue and profit margin forecast after demand for both its computer microprocessors and communications chips weakened beyond expectations. Its stock fell nearly 8 percent.
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Intel Corp. INTC.O on Thursday  cut its third-quarter revenue and profit margin forecast after  demand for both its computer microprocessors and communications  chips weakened beyond expectations. Its stock fell nearly 8  percent.
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Tech stocks were mixed for the holiday week, with analyst revisions moving key sector players. Intel (nasdaq: INTC - news - people ) shares fell tumbled Tuesday after Credit Suisse First Boston lowered the
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SAN FRANCISCO - Intel Corp.&#39;s shares fell more than 7 percent yesterday, a day after the computer chip giant&#39;s management lowered the company&#39;s financial projections after concluding businesses and consumers aren&#39;t in a spending mood.
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Intel Corp. , the world's  biggest chipmaker, on Wednesday posted a sharply lower second  quarter profit amid fierce competition from rival Advanced  Micro Devices Inc. .