Chip demand lifts Intel sales
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By , Bloomberg News. Intel Corp., considered a bellwether company in the technology industry, said fourth-quarter sales will exceed its previous forecasts as demand rises for processors that power laptop, desktop and server computers.
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Computer chip demand turned  positive after a "hiccup" around the time of the U.S.  presidential elections, an Advanced Micro Devices Inc.  executive said on Tuesday.
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But late rush still needed to make full year forecast The chip industry is banking on a late surge in demand to meet its full year sales forecast, despite the publicâs insatiable thirst for silicon-heavy kit in November.â¦
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Intel said its quarterly profit rose 44 percent over last year, reaching $1.3 billion as low selling prices for its microprocessors were offset by higher than expected unit shipments.
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Increased demand for memory chips used in computers, portable media players, and other consumer electronic devices helped Infineon TechnologiesÂ offset a first-quarter drop in sales in the German chip maker's communications products.
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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 Corp., the giant chipmaker, which has been plagued by product delays and cancellations this year, raised its fourth-quarter revenue forecast on Thursday well above Wall Street expectations.
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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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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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Eking out a strong finish to end a disappointing year, Intel Corp on Thursday raised its revenue forecast for the fourth quarter, citing surprisingly strong demand across its line of chips for personal computers.
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Worldwide semiconductor sales rose a scant 1.5 percent in October, to $18.8 billion from $18.5 billion in September, as many chip users pared bloated inventories, the Semiconductor Industry Association said on Friday.
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Global microchip sales rose 5.9  percent in September, driven by demand for consumer products  such as personal computers and cell phones, the Semiconductor  Industry Association said on Monday.
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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 &#36;1 billion as profits exceeded Wall Street expectations.
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NEW YORK - Intel certainly surprised many semiconductor industry watchers today with its improving sales forecasts for the current quarter, but not everyone is convinced that all is as rosy as it seems at the world&#39;s biggest chipmaker.
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Shares of Intel Corp. INTC.O 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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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.
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Driven by record sales of server and mobile microprocessors and a bigger slice of the flash memory market, Intel Corp.'s third-quarter profits rose 15 percent even as it struggled with lackluster PC sales, excess inventory and stiff competition.