Worldwide semiconductor sales grew 7.6% in July 2008 compared to July 2007. This is for all semiconductor sales and not specifically Intel. The growth is attributable to strength in cellphone and PC sales in particular.
Dreamworks Animation movies will be in 3-D from 2009 onward. Dreamworks is using the Intel InTru 3-D to power the 3-D pictures.
Intel's new Turbo technology gives the ability to speed up the performance of segment of the chip while powering down other segments or calculating engines on the chip. This is another innovation in the important effort to maximize performance while minimizing power consumption.
Intel has developed Remote Wake, which is able to remotely access a PC that is either on or in sleep mode. Remote Wake uses the internet to access the PC so documents, pictures, and other files can be retrieved. Remote Wake is compatible with desktops that have the new Intel chipset and software.
Intel has launched the first in its new line of systme on chips. Intel says the chip is 34% more power efficient and takes up 45% less space than previous designs.
Intel's revenue grew 9.1% and profits grew 25% y-o-y. Intel reported that global demand was strong and, despite the US slowdown, demand in the US was not as bad as expected. Intel also believes that laptop processor sales could surpass desktop processor sales for the first time this year.
Intel has made a deal with Dreamworks to provide the tools to make 3D movies.
Intel has plans to form a company called SpectraWatt that will make and supply photovoltaic cells. Intel expects the deal to be finished by Q2 2008.
The FTC has issued a formal probe to investigae Intel on whether the company violated antitrust laws. The Korean Fair Trade Commission has already fined Intel $25.4M for giving out $37M in rebates to Samsung and Trigem Computers in return for promising not to buy processors from AMD.
Intel will invest $500 million over 5 years into Taiwan's WiMAX industry. Intel is working with Taiwan's Ministry of Economic Affairs on this deal.
Despite a good 4Q07, Intel's outlook for 1Q08 was not favorable for investors. Intel projected revenue between $9.4 and $10 billion, less than the 4Q07 of $10.7 billion. Intel also expects memory oversupply to continue to negatively affect average selling price.
JP Morgan analyst downgrades Intel, citing low orders by Taiwanese PC maker Acer - perhaps indicating a slowdown in demand for computers and therefore Intel's microprocessors.
Intel reported its highest ever third quarter revenues with $10.1 billion. Operating income was $2.2 billion, up 64% from third quarter 2006.
Intel Corporation’s stock price fell as supply for computer chips is exceeding the demand. The excess supply can lead to a price war between Intel Corp. and Advanced Micro Device (AMD). A falling price in turn will reduce earnings in the industry. Morgan Stanley expects Intel to cut its price excessively in order to combat the increased competition from AMD, thus advising investors to sell the Intel stock.
Intel stock falls 7.4% on their release of Q12007 revenue guidance and news of the close of Jerusalem chip plant.
Intel stock price gains 7.7% on reports that Intel increases investment in Vietnam.
Stock price rises 4.2% after Intel releases their 4Q2006 revenue guidance.
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