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July 25, 2008 6:08:16 PM CDT

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Stories related to: Paul Otellini

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3 Stories

  • March 2008

    • Intel: Cheap Memory Won't Erase Profits

      newser  |  Associated Press  |  Mar 5, 08 11:17 PM CST

      Intel: Cheap Memory Won't Erase Profits

      Steep drops in the price of NAND flash memory have hit Intel's profits, but CEO Paul Otellini vows it's not going to put the company in the red, the AP reports. Prices of the chips have fallen more than 50% recently, much more than the chipmaking giant had predicted. Otellini says the company will move into new markets to offset the effect of the cheap chips. More »

      Tags

      Intel  • computer chip  • computer memory  • Paul Otellini  • NAND chips  • memory chips

  • January 2008

    • Intel Profits Jump 51%, But Slowdown Seen

      newser  |  Wall Street Journal  |  Jan 16, 08 8:12 AM CST

      Intel Profits Jump 51%, But Slowdown Seen

      Intel's net income leaped 51% in the fourth quarter—the No. 1 chipmaker's largest increase in 14 quarters—to $2.27 billion. But the glow was dimmed by what looks to be a cooling PC  market, leading to lower projections for 2008, and sending Intel’s share price down 14% in after-hours trading, reports the Wall Street Journal. More »

      Tags

      Intel  • corporate earnings  • Paul Otellini

  • October 2007

    • Microchips Earning Maxi Profits

      newser  |  Wall Street Journal  |  Oct 17, 07 4:25 AM CDT

      Microchips Earning Maxi Profits

      Silicon Valley giant Intel, whose microchips are an integral part of most computers, reported a 43% jump in net income to $1.86 billion for the third quarter—and forecast another increase in the current quarter. The company is firing on all cylinders, with investors driving up the stock 26% so far this year, the Wall Street Journal reports.    More »

      Tags

      Nasdaq  • Intel  • growth  • Advanced Micro Devices  • net revenue  • Paul Otellini  • net income

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