Analysts expected Intel to hit 53 cents a share in net income. Intel beats that by 5 cents.
AMD credits semi-custom chips for game consoles for return to profits in upcoming Q3.
2-in-1 designs give users both laptop and tablet experiences in one device.
Intel is struggling in a weak PC industry, but its earnings are still enviable. Earnings per share are on target.
Sunnyvale, Calif.-based AMD, the No. 2 maker of PC microprocessors, has had a tough year as it trailed Intel in competitiveness and saw a slowdown in demand as consumers began to favor tablets and smartphones over PCs.
Intel chief executive Paul Otellini said in a conference call that the outlook for the second half is good, but he’s muted on cellphone chips.
Both earnings and revenues came in slightly below expectations.
AMD says it gained market share in a part of the U.S. retail laptop chips market.
The bright spot: average microprocessor prices are up.
Intel announced today that it is shipping its first low-power Atom microprocessor designed specifically for a new breed of servers dubbed ”microservers.”
As warned, AMD’s third quarter financial performance was weak as consumers waited for Windows 8 and the economy weakened.
AMD says its A-series APU chips will be speed demons when it comes to running games.
Intel chief executive Paul Otellini reportedly told employees in Taiwan that Microsoft’s Windows 8 operating system is being released before it’s done.
Sean Maloney, once considered the heir apparent to Intel chief executive Paul Otellini, plans to retire after three decades with the world’s biggest chip maker.
AMD’s chief financial officer Thomas Seifert has decided to pursue other opportunities.
For every 120 tablets sold, a server has to handle the web traffic they generate.
Intel’s Kirk Skaugen says there are more innovations coming for the PC in the next 18 months than have come in the next decade
AMD CEO Rory Read acknowledges AMD did not meet its commitments in the quarter.
AMD reports lackluster second-quarter earnings as PC market slows.
Intel chief executive Paul Otellini addressed Wall Street analysts this morning with the message that Intel isn’t a dinosaur clinging to the PC chip market, but a fleet competitor expanding in all directions where computing can be found.
Intel beat analysts’ expectations for its earnings for the first quarter today, getting the new year of PC chip sales off to a good start.
Intel’s decision to get out of memory chips and focus on microprocessors in the 1980s is still paying off. Fueled by strong sales in its core PC chips business, Intel reached its highest overall chip industry market share in more than 10 years, according to market analyst IHS iSuppli.
There’s a sea change happening in a segment of the server market dubbed microservers. And Sea Micro has been at the center of it, disrupting the market with energy efficient servers that use lightweight processors from Intel.
In its first full quarter under a new CEO, Advanced Micro Devices reported solid fourth quarter operating income, but a one-time charge threw it into a loss.
The chip industry is expected to grow only 1.2 percent in 2011, according to a reduced forecast for the world semiconductor market by market researcher IHS.
The Oak Ridge National Laboratory plans to create what could become the world’s most powerful supercomputer based on a Cray supercomputer with 18,000 microprocessors from Advanced Micro Devices and an equal number of Nvidia graphics chips.
Advanced Micro Devices announced that Rory Read, former No. 2 executive at Lenovo, will become AMD’s new CEO.
Sean Maloney, Intel‘s newly appointed president of Intel China, plans to deliver a keynote speech at the Computex trade show in Taiwan next week where he will unveil a heavy-duty effort to steer Intel into the production of low-power microprocessors.
Intel said its net income for the first quarter was $3.3 billion, up 34 percent from $2.4 billion a year ago. Revenue was $12.9 billion, up 25 percent.
Advanced Micro Devices said Sunday it has revised the contract with its major chip contract manufacturer, Globalfoundries, so that it can pay a predictable amount for its silicon wafers.
Worldwide personal computer microprocessor shipments were flat in the fourth quarter compared to a year ago, due in part to the popularity of the Apple iPad.
Intel chief executive Paul Otellini said today during an earnings call that he is skeptical that ARM chip vendors will be able to muscle in on Intel’s turf on the Windows PC.
In another sign that China is moving up the food chain in manufacturing, Intel said today it has opened its first-ever chip manufacturing plant in Dalian, China.