Shares of Intel Corp. soared Wednesday amid signs that the chipmaker's travails may be nearing an end.
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Sun Microsystems has had one partner in the low-end server market--Advanced Micro Devices. That appears to be changing, according to a research note from Bank of America Securities analyst Sumit Dhanda.
Intel reported fourth quarter earnings of 26 cents a share, a penny above consensus estimates, on revenue of $9.7 billion.
Wanted: Killer applications that take advantage of Intel's threading technology inherent in multi-core chips. The goal: Develop software that best uses multi-core chips and take computing to the next level.
The chipmaker issues its second revenue warning in two weeks, forecasting quarterly sales of $600 million. It previously expected to bring in $620 million to $700 million.
A deal with Reuters may serve as a Trojan horse in a drive to dethrone Sun Microsystems in the financial services industry.
When AMD issued a profit warning last week due to pricing pressure, Intel watchers could take it two ways:--Intel is kicking the snot out of AMD;--Or there's a price war that'll hurt both parties.We'll get more color on whether Intel had any price war wounds when it reports its fourth quarter results later today.
Perusing analyst research notes and Intel's financial results a few key facts stick out: --Revenue was above expectations by a good bit yet earnings were just above consensus. Translation: The price war with AMD is hurting Intel too.
The spat between Nicholas Negroponte and Intel appears to be over.In a statement Friday, the two parties said that Intel and the One Laptop Per Child project "have agreed to work together to bring the benefits of technology to the developing world through synergy of their respective programs.
Intel delivered a solid second quarter Tuesday with net income of $1.3 billion, or 22 cents a share, on revenue of $8.