Intel second-quarter profit fell 7.6%, but revenue, orders show solid growth
Article Abstract:
Intel Corp reports a decline of 7.6 percent in profits for 2nd qtr 1992, but growth in revenue and product orders indicates the company's strength and that it will maintain its dominance in the semiconductor industry. The microprocessor maker posted a profit of $213.2 million, $1 per share, on earnings of $1.32 billion, compared to a profit of $230.8 million on earnings of $1.25 billion during the same period in 1991. Intel is facing competition from Advanced Micro Devices Inc, Texas Instruments Inc and Cyrix Corp, which are each marketing clones of Intel's 80386 line of microprocessors. Industry observers note that Intel is bearing up well under the new market pressure. While Intel won't release sales figures, company officials report a high demand for the company's 80486 line of microprocessors. Advanced Micro Devices is planning an 80486 clone, but Intel has won a legal battle to prevent the copying of its technology.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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April chip index is expected to show little change from weak March level
Article Abstract:
Analysts predict that the semiconductor industry's Apr 1996 book-to-bill ratio will show little if any improvement over March's ratio of 0.80, an indication that the computer-chip market is not rebounding as some had hoped. The Semiconductor Industry Assn's Mar 1996 report was the worst in nine years, and a similar ratio for April casts doubt on the industry's ability to recover from its slump before late 1996. New US chip orders have declined since late 1995 in response to diminishing consumer demand, slashes in the price of memory chips and a general oversupply of semiconductors. Analysts consider a book-to-bill ratio of 1.0 to be healthy, and the effects that April's report may have on the market are unclear. However, semiconductor executives claim that burgeoning overseas markets are compensating for the deflated US figures.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1996
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Big chip maker posts small profit for second period
Article Abstract:
National Semiconductor Corp reports 2nd qtr net income of $2.4 million, its first operating profit since 1984. In 1988, the chip manufacturer posted a net loss of $25.2 million, despite a profit of $11.2 million from operations discontinued. Revenue rose 3 percent in the latest quarter, ended Nov 26, 1989. No per-share earnings were reported since preferred dividends exceeded net income. National Semiconductor has been struggling for several quarters because of slow chip demand and pricing pressure. The company has been streamlining its operations, cutting costs, selling operations and taking measures to curb losses.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1989
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