October 17, 2007 |
Yahoo Inc. is getting its geek on again and investors seem to dig it. Shares in the Sunnyvale, Calif., Internet company climbed more than 9% in after-hours trading Tuesday on the news that third-quarter results beat expectations, sparking optimism about co-founder and Chief Executive Jerry Yang, a Stanford-trained engineer who took over in June. Revenue rose 14% to $1.28 billion, not the $1.24 billion expected, and net income slipped a less-than-anticipated 4.6%, to $151 million from $158.
September 12, 2007 |
Intel Corp. was charged with violating South Korean antitrust laws, the company and regulators said. The Fair Trade Commission said it had completed a probe into Intel's activities in the country, but officials declined to elaborate on the findings. Regulators are deliberating about possible penalties.
September 11, 2007 |
Intel Corp. boosted its third-quarter sales forecast Monday amid stronger-than-expected demand for its microprocessors. The announcement came the day rival Advanced Micro Devices Inc., a smaller chip maker that has struggled financially in recent quarters, hoped to own the headlines with the launch of its new server chip. Intel added $200 million to the top of its financial outlook, saying it now expected sales of $9.4 billion to $9.8 billion in the current quarter.
July 28, 2007 |
Intel Corp. may have to change the way it conducts business globally if European regulators prove allegations that the company abused its position as the world's biggest chip maker. The European Commission on Friday formally accused the Santa Clara, Calif., company of practices that violated antitrust laws, such as offering computer makers improper discounts and rebates to discourage them from buying microprocessors from Intel's smaller rival, Advanced Micro Devices Inc.
July 18, 2007 |
Two technology industry bellwethers, Intel Corp. and Yahoo Inc., are wrestling with competition -- with dramatically different results. Intel, the world's largest computer-chip maker, appears to be emerging bruised but stronger after two years of a price war with Advanced Micro Devices Inc. Intel said Tuesday that second-quarter earnings rose 44% thanks to its first sales increase in six periods. Yahoo, meantime, has been pummeled by its once-smaller competitor, Google Inc.
July 14, 2007 |
The nonprofit that aims to seed the developing world with inexpensive laptop computers for schoolchildren has made peace with Intel Corp., the project's most powerful rival. The One Laptop Per Child program and Intel said Friday that the chip maker would join the board of the nonprofit and contribute funding.
June 13, 2007 |
Intel Corp., the world's largest chip maker, plans to slash the price of some processors over the next three months to regain market share from Advanced Micro Devices Inc. The company will cut prices of its Core 2 Quad processor 50% on July 22, according to an Intel document given to clients. The chips, introduced in November to run servers and the most expensive personal computers, sell for $530 each, according to Santa Clara, Calif.-based Intel's website.
April 25, 2007 |
Intel Corp. captured more than 80% of the computer-chip market in the first quarter while rival Advanced Micro Devices Inc. lost the headway it had made in 2006 and then some, industry data showed Tuesday. Intel's share of the $30-billion market for x86 processors that power most personal computers was 80.5% in the first quarter, according to Mercury Research, a market tracking firm whose data are closely watched by the industry.
April 18, 2007 |
Intel Corp. is getting the best of the chip industry's pricing war. The world's biggest semiconductor maker Tuesday posted a 19% jump in first-quarter earnings, a week after smaller rival Advanced Micro Devices Inc. warned that its revenue would fall far short of Wall Street's expectations. Intel said it earned $1.61 billion, helped by cost cuts and a tax cut of $300 million. Revenue fell 1%. Intel shares gained 29 cents to $20.98, then rose another 2% to $21.41 in after-hours trading.