Intel beats estimates, shares jump 5%
 

Intel, the world's largest chipmaker, said third-quarter earnings reached $1.9 billion, a 43 percent increase over the same period last year, and earnings per share were 31 cents, up 41 percent from the same period last year.

http://money.cnn.com/2007/10/16/news...ion=2007101620

On the same day AMD launched the newest version of its Opteron server chip, Intel raised its third-quarter revenue outlook - a surprise move since the company discontinued giving mid-quarter financial updates last year.

BY THE NUMBERS: Analysts, on average, are expecting a net loss of 62 cents per share on revenue of $1.52 billion, according to a poll by Thomson Financial.

http://www.forbes.com/feeds/ap/2007/...ap4226409.html

:excellent: