Toshiba up on chips, power systems, lifts outlook
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Japanese electronics group Toshiba Corp  posted a 38 percent rise in quarterly operating profit on Monday, thanks to sales of its flash memory chips and thermal power plants, and it raised its full-year outlook closer to market estimates.
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Toshiba expands production of smaller, more energy-efficient NAND flash memory chips.
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Japanese electronics group Toshiba Corp  posted a 38.4 percent rise in quarterly operating profit on Monday, thanks to strong sales of its flash memory chips, and it raised its full-year outlook closer to market estimates.
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Shares of Intel Corp. rose as much as 8.7 percent in Europe after a surprise pickup in demand for computer chips prompted the company to raise its fourth-quarter revenue forecast.
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Stocks rose on Monday on a tech-led rally, recovering some of Friday's steep losses, as Intel Corp  raised its outlook and Apple Inc  sold the one-millionth iPhone.
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Investors were buoyed by a strong earnings report from National Semiconductor, which provided reason for optimism that the chip sector, which had been under some pressure in recent weeks, might perform better than expected.
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U.S. technology stocks rose on Wednesday as Cisco Systems'profit and outlook reinforced optimism over earnings, while blue chips ended little changed as an oil price drop weighed on energy shares.
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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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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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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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Japanese giant electronics maker Toshiba said it returned to the black with a 8.4 billion yen (79 million dollars) net profit in the first half and upgraded its full-year forecast despite global uncertainty.
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Stocks opened higher on Monday after Intel Corp  raised its revenue outlook, setting the stage for the chip sector to help the market shake off last week's losses.
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Intel Corp. (INTC.O: Quote, Profile, Research) , the world&#39;s largest maker of microchips, on Thursday raised its quarterly revenue outlook, citing strong worldwide
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Japanese electronics group Toshiba Corp  posted a 25 percent fall in quarterly operating profit as tumbling flash memory chip prices ate into margins, but it kept its full-year outlook just below expectations.
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NEW YORK - Optimism that the embattled technology sector was due for a recovery sent stocks modestly higher Monday despite a new revenue warning from semiconductor company Broadcom Inc.    While Broadcom, which makes chips for television set-top boxes and other electronics, said high inventories resulted in delayed shipments, investors were encouraged as it said future quarters looked brighter...
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Toshiba Corp says it plans to boost output capacity for flash memory chips at a plant in central Japan by 7.5 percent to meet robust demand from digital camera and mobile phone makers.
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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.