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HouTex
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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 - http://news.cnet.com/8301-1392.....7-1_3-0-20

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.
              

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  • 59112
    YanBz
    admin
    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...

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