A sign is posted at the Intel company headquarters on July 20, 2011 in Santa Clara, California. Intel will report their quarterly earnings today after the market closes. (Photo by Justin Sullivan/Getty Images)

Intel To Slash 5,000 Jobs; 5 Percent Of Workforce

Intel plans to trim more than 5,000 jobs from its workforce this year in an effort to boost its earnings amid waning demand for its personal computer chips.



Intel Cuts 4th Quarter Outlook Citing Supply Shortages

Intel Corp. said Monday that it now expects fourth quarter revenue of $13.4 billion to $14 billion. It had previously forecast revenue of $14.2 billion.


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AMD Profit Spikes In 1st Quarter Despite Price Drop

Advanced Micro Devices Inc. said its net income nearly doubled in the first quarter as the computer industry benefits from strong corporate demand.


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AMD Narrows Loss, But Spinoff Weighs On Chip Maker

Advanced Micro Devices Inc. narrowed its third-quarter loss slightly, as the chip maker’s remaining stake in factories it spun off last year dragged down the results.

CBS San Francisco–10/14/2010


Intel’s Net Leaps 59 Percent In Omen For PC Industry

Intel Corp. offered an encouraging sign Tuesday for what the computer industry might expect from the all-important holiday shopping season.

CBS San Francisco–10/12/2010