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BUSINESS BRIEFS.(TO THE POINT)
TECHNOLOGY
Broadcom sees surging demand
Broadcom's CEO said world demand for digital devices will mean more buyers of its chips, used in portable video players. As multimedia reach cell phones, these markets will take off, he said, adding that Broadcom was partnering on different projects with Apple Computer and Samsung Electronics. Broadcom rose 2.5% to 47.59. Apple climbed 5.5% to 71.60.
Intel green-lights Israel chip plant
The No. 1 chipmaker has given the go-ahead to build a $3.5 bil wafer fabrication plant in Kiryat Gat, Israel. Construction should begin soon, and the plant's expected to be productive by late '08. The Israeli government is providing financial incentives to build the plant, Intel said, without being more specific. Intel rose 2% to 27.18.
** Bear Stearns raised its Q4 revenue estimate for Intel to $10.7 bil, up from $10.6 bil and above the $10.5 bil midpoint of Intel's own forecast range. Intel will offer a midquarter update next week.
Mass. reconsiders Microsoft plan
- AMD Sees Revenue Shortfall, Cuts Spending Plans; Updated: Advanced Micro...
- Magazine article from: eWeek Hillis, Scott April 9, 2007 700+ words
...we've been hearing is that the battle between Intel and AMD has been particularly severe at the high...board, and that's likely to hurt both AMD and Intel." Still, Intel shares rose about 3 percent, on hopes that AMD's moves would...
- FIVE DAYS, FIVE DOW RECORDS NORFOLK SOUTHERN SHARES ROSE $4 DURING...
- Newspaper article from: The Virginian Pilot Beck, Rachel March 21, 1998 700+ words
...vulnerable and very volatile.'' The technology-laden Nasdaq composite index fell 10.82 to 1,789.16, weighed down by Intel, off 1562 to 75.7, Dell Computer, off 2.312 to 62.437 and Sun Microsystems, off 2.187 to 42.937. Advancing issues...
- Intel Tells FTC It Did Nothing Illegal.
- Newspaper article from: Knight Ridder/Tribune Business News Barnett, Jim July 15, 1998 700+ words
...that its case against Intel would go to trial before...begin. Also Monday, Intel shares rose 3.3 percent Monday...to be shrinking. The shares rose $2.625 to $82.375...high of $83.375. Intel's sales and profits...
- Intel's first quarter better than expected.
- Newspaper article from: ORian (Portland, OR) April 20, 2005 700+ words
...demand seems pretty solid." Intel released its first-quarter...Tuesday. Earlier in the day, Intel's stock price rose 42 cents...hours trading, the company's shares rose more than 80 cents late Tuesday...percent above the day's close. Intel deserves credit for improving...
- Intel Sees Business Improving.
- Newspaper article from: Knight Ridder/Tribune Business News April 18, 2001 700+ words
...president and general manager, Intel's architecture group, during...optimistic assessment sent shares of Intel and other computer-related companies...soaring in after-hours trading. Intel shares rose more than 11 percent to $29, according...
- Intel, Yahoo seek rebound: INTEL: GAINING TRACTION WITH NEW LINE OF DUAL- AND...
- Newspaper article from: San Jose Mercury News (San Jose, CA) October 18, 2006 700+ words
...computer chips. "It looks like Intel has started to reverse market share...analyst at Global Crown Capital. Intel shares rose 22 cents in after-hours trading...Paul Otellini, chief executive of Intel, said in a conference call that...
- Intel ups outlook on strong demand; Shares rise 4%; PC makers load up on chips;...
- Newspaper article from: The Seattle Times (Seattle, WA) August 29, 2009 700+ words
...biggest technology companies. Intel shares rose 4 percent. The leading maker...Even with the raised forecast, Intel's sales would still fall from...was $10.2 billion in 2008. Intel shares rose 78 cents to close at $20.25...
- Intel Profits Slump.
- Newspaper article from: Knight Ridder/Tribune Business News July 18, 2001 700+ words
...Excluding acquisition-related costs, Intel reported net income of $854 million...Thomson Financial/First Call. Intel shares rose 77 cents to $29.90 in trading...announced. In after-hours trading, Intel shares fell 45 cents. Intel has...