Intel 2Q Profit Jumps 44 Percent
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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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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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The data storage vendor said second-quarter profit rose to $334.4 million as it recorded double-digit sales gains at its biggest businesses.
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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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India's third-largest software exporter, Wipro, said second quarter net profit jumped 79 percent as sales rose 44 percent, beating both the market's and the company's expectations.
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Intel Corp. , the largest maker of computer processors, posted a rise in second-quarter earnings on Tuesday, but its missed its gross profit margin goal and its shares fell nearly 5 percent.
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Intel Corp.'s fourth-quarter profit fell 2 percent but it reported record sales as the company benefited from strong holiday demand for computer chips and a reduced inventory buildup from earlier in 2004.
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SANTA CLARA, Calif. -- 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, but missed its gross profit margin goal and its shares fell nearly 5 percent.
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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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Intel (nasdaq: INTC - news - people ) on Wednesday said that it doubled its quarterly dividend, to 8 cents from 4 cents. Led by Chief Executive Craig Barrett, the firm said it expects to pay out about $2 billion in dividends next year.
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Intel Corp., the world&#39;s biggest computer-chip maker, doubled its quarterly dividend and boosted its stock buyback program by $11.
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Last night, Intel sharply raised its fourth-quarter outlook. The chipmaker says it now expects revenue of $9.3 billion to $9.5 billion, not the $8.6 billion to $9.2 billion it forecast in mid-October.
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The Intel Corporation, the largest semiconductor maker, reported on Tuesday that its profit for the third quarter rose 15 percent from a year earlier, though it
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Driven by record sales of server and mobile microprocessors and a bigger slice of the flash memory market, Intel Corp.'s third-quarter profits rose 15 percent even as it struggled with lackluster PC sales, excess inventory and stiff competition.
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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. INTC.O, the world's  largest maker of computer chips, said on Wednesday it would  double its quarterly dividend to 8 cents a share, the second  time this year it has doubled its cash payout.