Intel Corp., the chipmaker that gets more than 80 percent of revenue from the personal-computer market, forecast sales that may top some analysts’ estimates as demand for server processors helped make up for a slump in PCs.
Intel Corp., the world’s largest semiconductor maker, forecast third-quarter sales that were lower than some analysts had estimated as an economic slowdown in China, the largest computer market, erodes demand.
Texas Instruments Inc ., the largest analog-chip maker, forecast second-quarter revenue and profit that fell short of some analysts’ estimates as lower Japanese demand and falling mobile-phone chip sales hurt orders.
The memory-chip industry will keep a lid on capital expenditures this year, helping avoid a repeat of the production glut that plagued the industry until 2010, Micron Technology Inc. Chief Executive Officer Steve Appleton said.
Texas Instruments Inc., the largest maker of analog chips, forecast third-quarter sales and profit that may beat the low end of analysts’ estimates, defying predictions that a weaker economy would crimp orders.