Intel rolls back outlook; widespread weakness feared
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No. 1 chipmaker Intel (INTC) on Thursday dramatically lowered its revenue estimates for the current quarter, a sign that the tech industry&#39;s rebound may be slowing.
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Shares of Intel Corp.  fell more than 7 percent before the opening bell on Friday, a day after the technology bellwether slashed its quarterly sales outlook.
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US technology shares tumbled on Friday after Intel Corp. , the world&#39;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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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. 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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Moore's Law continues to mandate that the transitor must be shrunken. But as Intel CEO Paul Otellini admitted tonight at CES, had it not been for a key innovation, Mr. Moore might have found himself out-lawed.
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Intel Developer Forum this week will zero in on upcoming chips. Areas for longer-term growth aren't quite so clear.
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Intel Corp's  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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Somehow, Intel has skillfully avoided use of the metaphor "two-by-four" to represent its latest ultra-high-end CPU platform rollout this morning at GDC in San Francisco. But AMD might be feeling like it's been hit by one.
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SANTA CLARA, Calif. Intel chief executive Craig Barrett says his company has &quot;recovered&quot; from product missteps that plagued the chip maker during the first half of the year.
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Intel  on Tuesday posted quarterly results and an outlook behind Wall Street targets, sending its shares down 15 percent, further stoking concerns the U.S. economy may be entering a recession.
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Intel-rivaling chipmaker does not immediately explain why its first-quarter sales will fall short of its previous estimates.
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Intel's financial results for the fourth quarter fell short of analysts' estimates in part because of weak prices for memory chips.
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Intel Corp. INTC.O will  miss  its 2004 product cost reduction targets because of a widely  publicized string of product delays and problems, but those  missteps are largely behind it now, the world's largest chip  maker said on Tuesday.
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Eking out a strong finish to a disappointing year, Intel, the world&#39;s largest semiconductor maker, raised its revenue forecast for the fourth quarter on Thursday, citing
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Technology stocks sold off on Friday after computer chipmaker Intel cut its revenue forecast, spooking investors already nervous about the strength of consumer and business spending.
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Intel Corp. (INTC.O: Quote, Profile, Research) on Thursday cut its third-quarter revenue and profit margin forecast after demand for both its computer microprocessors