Advanced Micro Devices and Intel are expected to report fourth-quarter results this week
Published:
15 January 2002 y., Tuesday
Advanced Micro Devices and Intel are expected to report fourth-quarter results this week that will likely top their recently increased guidance as holiday sales of personal computers were not as grim as most had expected, analysts said.
The two, longtime rivals in microprocessors that are the brains of personal computers, raised their quarterly guidance on Dec. 6, with Intel, the world's biggest chipmaker, noting that it was having difficulty shipping enough Pentium 4 chips to customers amid stronger-than-expected demand.
The fourth quarter, paced by holiday sales, is typically the industry's strongest. Revenues in the first quarter usually decline slightly on a sequential basis, although some analysts are forecasting Intel's revenues to be flat to slightly up in the current quarter.
Santa Clara, Calif.-based Intel on Dec. 6 indicated it saw fourth-quarter revenues that could even exceed the high end of its previously forecast range of $6.2 billion to $6.8 billion.
On the same day, Sunnyvale, Calif.-based AMD said it expected revenues to rise 10%, or a bit more, from the third quarter's $765.9 million. In November, the company forecast revenues to be little changed to up slightly.
Šaltinis:
usatoday.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
An aviation agreement has been signed today by the European Union and the Vietnamese authorities which will remove nationality restrictions in the bilateral air services agreements between EU Member States and Vietnam.
more »
The European Investment Bank marked the 50th anniversary of the Republic of Cyprus and its 30 years of activity in the country with a public ceremony celebrating the signature of a total of EUR 180 million for urban environment.
more »
In response to the financial crisis, the Commission has put forward legislative proposals to strengthen and expand existing tools for coordinating economic and fiscal policy in the EU.
more »
In the first meeting of the SME Finance Forum, possible means to improve the current situation of access to finance were discussed, such as the introduction of a grace period for firms in difficulties, the involvement of credit mediators and improved loan guarantees.
more »
The EU budget is no simple matter, but then no budget ever is.
more »
Parliament will be crucial in avoiding a “lowest common denominator” approach when helping to design the EU's new economic governance architecture, ECB president Jean-Claude Trichet told the Economic and Monetary Affairs Committee on Monday.
more »
With a multitude of language-related events taking place on or around 26 September, the main themes for this year's European Day of Languages are business and jobs.
more »
The EU disbursed today € 1.15 billion to Romania, the third instalment of a € 5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package.
more »
The European Investment Bank has agreed to lend GBP250 million for the replacement, reinforcement and expansion of the gas distribution networks operated by Scotland Gas Networks and Southern Gas Networks.
more »
The bargaining positions of all players in the human food chain must be rebalanced, and fair competition enforced by law, to ensure fair returns to farmers and price transparency to consumers, says Parliament in a resolution voted on Tuesday.
more »