Intel Earnings Rise 44%, but Shares Fall
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The chip maker, a closely watched indicator of the overall health of the technology industry, reported net income of $1.3 billion, on revenue of $8.7 billion in the second quarter.
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Intel Corp , the world's largest chip maker will probably generate double-digit annual earnings growth over the next several years and extend its lead over rival Advanced Micro Devices Inc , especially if the economy falters, Barron's said.
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Driven by demand for flash memory chips used in cell phones, Intel Corp.'s third-quarter profits rose 15 percent, but also warned that its gross margins are sagging, and it continues to suffer from a buildup of inventory.
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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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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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The world's largest chipmaker posted a whopping profit but investors concerns centered around lower-than-expected sales.
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Several brokerages raised their share price targets for Intel Corp.  on Wednesday, betting the leading chip maker would improve after reporting disappointing profit margins for the last quarter.
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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 chip maker, on Tuesday reported a 15 percent rise in quarterly profit on an improved personal
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Intel missed its earnings projection, but its inventories dropped. Or did they? Bill Mann thinks not.
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Stocks are mixed as blue chips struggle following a report of weaker-than-expected job growth but the Nasdaq is rising on a solid revenue forecast from chip maker Intel.
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Shares of Intel Corp., the world&#39;s biggest computer-chip maker, rose after the company surprised investors by paring its record stockpiles, easing concern that computer demand would slump through the end of the year.
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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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Shares of Intel Corp.  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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SANTA CLARA, Calif., Oct. 12, 2004 - Intel Corporation today announced third-quarter revenue of $8.5 billion, up 5 percent sequentially and up 8 percent year-over-year.
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NEW YORK  -Stocks fell in choppy trade on Wednesday, as pessimism about the U.S. economy mounted after Intel Corp , the world's largest chip maker, posted earnings and a profit forecast that disappointed investors.
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Intel Corp  on Monday raised its third-quarter revenue forecast and said global demand for computing products was stronger than expected, sending its shares up 2.8 percent.