Intel posts sharply lower 2nd-quarter profit
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Intel Corp. , the world's  biggest chipmaker, on Wednesday posted a sharply lower second  quarter profit amid fierce competition from rival Advanced  Micro Devices Inc. .
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SEOUL, South Korea -- Samsung Electronics Co. said Friday that second-quarter net profit fell 5 percent from a year ago on price declines for its mainstay computer memory chips, but expressed confidence of a rebound in the market.
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NEW YORK  -Stocks fell on Wednesday, after Intel Corp  posted both a disappointing profit and outlook, driving the S&P 500 to its lowest closing level in 14 months.
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Intel Corp. , the largest maker of computer processors, posted a rise in second-quarter earnings on Tuesday, reflecting greater strength against rival AMD.
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Intel Corp. lowered its revenue projections for its third quarter yesterday, citing slow consumer purchases across the globe. The world&#39;s largest chipmaker reported that it expects revenue for the three-month period ending Sept.
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Intel Corp.'s profit leaped 51 percent as sales of microprocessors accelerated in the fourth quarter, but its shares plummeted on signs that the world's largest semiconductor maker is feeling the pinch of an ailing U.S. economy.
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The printer maker said its second-quarter profit declined 16 percent, to $64.2 million, on lower consumer segment sales and higher costs.
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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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Intel Corp  on Tuesday posted fourth-quarter results and a first-quarter outlook behind Wall Street targets, sending its shares down nearly 15 percent.
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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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High-tech bellwether Intel Corp. lowered its financial outlook yesterday, providing the latest sign of the economy's doldrums.
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SANTA CLARA, Calif. -- Intel cut its third-quarter revenue estimates Thursday, providing the latest sign of the economy&#39;s doldrums.
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Intel Corp.'s share of the market for personal-computer processors dropped to its lowest in 11 years during the fourth quarter as the chipmaker lost orders to Advanced Micro Devices Inc.
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Stocks turned negative in volatile trading on Wednesday, with the Nasdaq down more than 1 percent, as Intel Corp's  disappointing earnings and profit outlook fueled more recession talk.
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Computer chip giant Intel Corp. delivered the latest sign of a high-tech malaise late Thursday as management lowered the company&#39;s financial projections after concluding businesses and consumers aren&#39;t in a spending mood.
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Tech Data Corp. , the world's No. 2 computer distributor, reported lower quarterly profit on Tuesday as costs rose more quickly than sales, but forecast sales above expectations.
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US stock futures pointed to a sharply lower start Friday as Intel Corp.&#39;s disappointing third-quarter revenue and margin forecast sent chip stocks tumbling overseas.