Scope (?):  All Topics
Hot or Not?

400%+ Increase in First Quarter Profit for Intel - "Best First Quarter Ever"

submitted on April 14, 2010 by HouTex in "Member's Lounge"
4/13/10 -

Intel reported a first-quarter profit that jumped more than 400 percent over the same period last year, citing strong demand for laptop chips.

They also released an 8-core Xeon 7500 processor late in the quarter, and expect good server results going forward.

Other comments from an earnings conference call included:
* Demand for "high-end products" was strong and "corporate demand is returning."
* "Consumer and corporate are spending more on on horsepower. They're buying high-priced machines in a time that you would think budgets would be tight."
* 32-nanometer chip technology: fastest technology ramp ever for Intel.
* Four 32-nanometer factories to be online by end of year.

  • 59112
    Posted by YanBz on April 14, 2010
    [reply] 2 0
    Another sign that the economy is picking up. Google is reporting earning next week too. Will see what they have to say...

Leave a Comment (members Sign in to comment)


E-Mail (will not be published)

2 x 3 = ?


'Mr Green''Neutral''Twisted''Arrow''Eek''Smile''Confused''Cool''Evil''Big Grin''Idea''Red Face'



Browse by tags