Intel posts 51 pct rise in quarterly profit
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Intel Corp  on Tuesday  posted a 51 percent rise in quarterly net income, paced by  brisk sales of its microprocessors used in notebook personal  computers, and gave a forecast that lagged some analyst  estimates.
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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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Nike Inc  posted on Thursday a 51 percent rise in quarterly net profit, helped by a tax benefit and a weak-dollar boost to revenue, and its shares rose 1.6 percent as the results topped Wall Street targets.
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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 said its quarterly profit rose 45% to $1.3 billion, as low chip prices were offset by strong unit shipments.
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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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Hynix Semiconductor, one of the world's largest microchip makers, said its net profit rose fourfold in the third quarter of this year due to strong chip sales but cautioned that earnings had been hit by weaker prices.
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SAN FRANCISCOâAnalog chip maker National Semiconductor Corp. yesterday posted a higher quarterly profit, with sales in line with its reduced forecast on lower-than-expected demand for flat-panel displays and from Chinese wireless handset makers.
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Third-quarter revenue was $8.47 billion, up 8 percent from last year's third-quarter revenue of $7.83 billion. Intel shipped a record number of processors in the quarter, but it had forecast even higher growth coming off of its second-quarter earnings conference call.
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SAN JOSE, Calif. -- 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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Samsung Electronics Co. Ltd.&#39;s (005930.KS: Quote, Profile, Research) quarterly profit jumped 46 percent from a year ago on strong memory chip earnings, but fell
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Intel Corp. INTC.O, the largest  maker of microchips, on Thursday raised its quarterly revenue  outlook, citing strong worldwide demand for its  microprocessors, and its shares jumped more than 7 percent in  after-hours trading.
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Intel Corp., the giant chipmaker, which has been plagued by product delays and cancellations this year, raised its fourth-quarter revenue forecast on Thursday well above Wall Street expectations.
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Intel expects a much better performance in the first half of next year, CEO Craig Barrett said Thursday. In October, the bellwether for the technology sector reported a 15 percent rise in third-quarter earnings
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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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Intel Corp.'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., the world's largest chip maker, raised its third-quarter revenue outlook on Monday due to stronger-than expected demand for its microprocessors.