Intel Shares Edge Lower After Downgrade
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Intel Corp. INTC.O shares slipped on  Tuesday after Credit Suisse First Boston downgraded the stock,  forecasting that the computer chip maker will have difficulty  outperforming the overall semiconductor sector next year.
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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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Citing market conditions for the move, HP has dropped the processor just two months after Intel started shipping the 64-bit architecture for x86 systems.
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The Nasdaq composite index fell more than 2 percent on Friday, hit by concerns about weak job growth and a brokerage downgrade of chip maker Intel Corp .
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Shares of Intel Corp. INTC.O fell  1.8 percent before the bell on Tuesday, a day after rival  Advanced Micro Devices Inc. AMD.N gave a negative financial  update.
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Intel  on Tuesday posted  quarterly results and an outlook behind Wall Street targets,  sending its shares down 15 percent and stoking concerns about a  U.S. recession and further stock market sell-offs.
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Intel has slashed prices by up to 35 percent on some of its  Pentium 4 and Itanium processors, bringing down the costs of some desktop and notebook computers by as much as &#36;200.
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System builders say Intel&#39;s latest price cuts will help them clear out old inventory and should move the sweet spot of the company&#39;s processor lineup to the 3GHz Pentium 4 from the 2.8GHz Pentium 4. After
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Stocks fell on Friday after liquidity trouble at a UK mortgage lender put financial stocks back in the hot seat, while downgrades of Intel Corp  and American Express Co  weighed down blue chips.
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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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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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Intel, the world's leading computer chip maker, slashes its revenue forecasts, triggering a decline in global chip stocks.
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Intel  on Tuesday posted quarterly results and an outlook behind Wall Street targets, sending its shares down 15 percent and stoking concerns about a U.S. recession and further stock market sell-offs.
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Shares of Intel Corp. INTC.O fell  more than 7 percent before the opening bell on Friday, a day  after the technology bellwether slashed its quarterly sales  outlook, and other technology stocks moved lower in tandem.
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Intel Corp. INTC.O cut prices  on its chips for mobile computers by as much as 34 percent this  week, a move that could lower PC prices from the likes of Dell  Inc. DELL.O and Hewlett-Packard Co. HPQ.N
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US stocks fell, led by semiconductor makers including Intel Corp. after Xilinx Inc. and Altera Corp., the largest makers of programmable computer chips, lowered their sales forecasts as some customers cut orders.
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Shares of chip companies closed lower Tuesday as Wall Street began to look ahead at a mid-quarter report expected by Intel Corp. on Thursday, with some analysts concerned the semiconductor giant might lower expectations.