| ||Thread Tools|
|18th October 2005, 19:09||#1|
Join Date: Mar 2004
Intel seeks boost from laptop chips
Boosted by strong demand for laptop computer chips, Intel Corp. is anticipated to report its earnings climbed by 9% in the third quarter over the year-ago period.
The world's largest chip maker will deliver its results after the closing bell today. In early trading Tuesday, the stock rose 37 cents, or 1.5%, to $23.83. Before the market opened, Intel (INTC) was upgraded to above average from average by Caris & Company.
Wall Street is looking for Intel to earn 33 cents a share, up 9% from the year-ago period, on revenue of $9.92 billion, up 17%, according to analysts polled by Thomson First Call.
In its midquarter update Sept. 8, Intel tightened its sales forecast to a range of $9.8 billion to $10 billion, compared with its previous forecast of $9.6 billion to $10.2 billion.
Surging sales of laptops has helped Intel sidestep weaker sales of desktop personal computers this year. Santa Clara, Calif.-based Intel commands more than 80% of the market for computer chips.
All year the chip giant has struggled to meet demand for so-called chipsets even though its factories are running at full capacity. Chipsets are a group of chips that work together to send data from the microprocessor to other parts of the computer.
Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II
|Thread||Thread Starter||Forum||Replies||Last Post|
|Intel Ships New Eco-Friendly Xeon Server Processors that Boost Perfomance||jmke||WebNews||0||8th September 2008 09:27|
|Intel Set to Boost Performance of Celeron D Chips||jmke||WebNews||0||15th May 2006 23:24|
|Intel claims that upcoming Conroe and Merom Chips deliver 20% speed boost over AMD||jmke||WebNews||0||18th February 2006 16:28|
|Intel Demos Working 45nm Chips||jmke||WebNews||0||27th January 2006 17:45|
|Intel Sossaman – Slower Than Current Xeon Chips, Shows Supermicro.||jmke||WebNews||0||13th December 2005 17:20|
|Intel Advances Itanium 2 Lineup with New Chips.||jmke||WebNews||0||19th July 2005 13:17|
|Intel Introduces 64-bit Celeron D Chips||jmke||WebNews||0||27th June 2005 21:31|
|Intel Preps 3.50GHz Server Chips with 8MB Cache||jmke||WebNews||0||14th January 2005 09:58|
|AMD Targets to Counter Strike Intel with Dual-Core Chips in 2005||jmke||WebNews||0||23rd May 2004 09:50|
|Intel to announce two new Itanium 2 chips at IDF next week||jmke||WebNews||0||9th April 2004 08:55|