Intel stock up on positive 4Q outlook
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Intel Corp.&#39;s shares climbed nearly 6 percent Friday after saying its fourth-quarter sales are on track to break a company record because demand for the chips that
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Intel raised its revenue forecast for the fourth quarter, citing surprisingly strong demand across its line of chips for personal computers.
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Intel Corp. INTC.O, 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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Earnings season is in full swing, and results this week from bellwethers like Google, Intel, and Nokia are fueling hopes for a strong fourth quarter while confirming the investor confidence that has led to a rebound in share prices of technology vendors.
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U.S. shares are set to open higher on Friday, buoyed by Intel Corp.  after the world's largest chip maker raised its quarterly revenue target due to strong demand, but all eyes will be on jobs data before the opening.
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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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Intel Corp  on Monday raised  its third-quarter revenue forecast and said gross margins would  be at the high end of its target range, citing  stronger-than-expected global demand for computing products.
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Intel Corp. said Tuesday its second-quarter profit jumped 44 percent on strong sales of microprocessors even as the company faced fierce competition that pushed prices lower.
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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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Intel Corp., the world's largest chip maker, posted a 51 percent jump in its fourth-quarter profit Tuesday, but sales fell slightly below expectations and the company's shares dropped sharply in after-hours trading.
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Intel Corp., the world's largest chip maker, raised its third-quarter revenue outlook on Monday due to stronger-than expected demand for its microprocessors.
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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 chip sector enjoyed some gains Thursday, led by Intel, which announced an executive shuffle, and other industry players whose shares rose after getting a boost from analyst upgrades.
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Chipmaker Intel predicts that strong demand means its three month results will beat earlier forecasts.
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Tokyo stocks climbed to a two-week  closing high on Friday after Tokyo Electron Ltd. and other  chip-related stocks were boosted by a bullish revenue outlook  from global industry leader Intel Corp.
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Intel Corp.'s second-quarter profit jumped 44 percent on strong sales of microprocessors, but the company's shares fell amid signs that fierce competition continues to push chip prices lower.
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Chip maker Intel (INTC ) caught Wall Street by surprise on Dec. 2 when it significantly raised fourth-quarter revenue estimates. But the news wasn&#39;t all rosy, as Intel failed to raise estimates dramatically for its closely watched gross-margin figure.