• By Owen Thomas
    Oct 14, 2008 5:00 PM 279
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    #intel

    New Intel chip won't run the economy any faster

    Intel scraps sales forecast, but whatever

    The 10 richest tech companies
    read more: #earnings, #intel, #amd, #hardware, #valleywag

    Intel's good news: Not as bad off as AMD!

    Intel's revenues for the most recent quarter were flat, but its profits were up 12 percent on expense cuts. (Read: layoffs!) Intel CEO Paul Otellini says the company expects to "outpace" its competition. Right: That would be AMD, the chipmaker which is trying to shed its chipmaking facilities. Outpacing AMD is like running a three-legged race against a double amputee. [WSJ]


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