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S&P 500 and Nasdaq 100 stock index futures fell on Tuesday following results from top global chipmaker Intel Corp that beat expectations, but only gave an informal revenue outlook for the current quarter.
Intel Corp. said Tuesday its first-quarter profit dropped 55% amid a weak market for personal computers, but the world's largest chipmaker topped Wall Street's forecasts for earnings and revenue.
Stocks fell on Tuesday as a surprising drop in retail sales dented hopes the recession was abating and financial shares slid on fears that Goldman Sachs' share offering could prompt others to follow suit.
Intel Corp. CEO Paul Otellini said PC sales have “bottomed out†and the company is forecasting revenue for the second quarter to be flat when compared to the first.
AFP Intel, Obama, Bernanke See Better Days Ahead Forbes, NY Still, Intel ( INTC - news - people ) isn't particularly bullish on its second-quarter, predicting gross margins will stay in the mid-40.0% range, after falling to 46.0%, from 53.0% ...
Reuters - Intel Corp expects margins to bounce back to "healthy" levels in the second half, but held back on giving detailed quarterly forecasts when it issued earnings on Thursday, citing economic uncertainty.
Reuters - Microchip maker Intel Corp on Wednesday issued its second revenue warning on the fourth quarter, saying demand for personal computers was even worse than it feared and sparking wide concerns about tech companies.
Reuters - Stocks suffered their worst decline in more than a month on Wednesday after a grim private-sector jobs report coupled with a revenue warning from top chip maker Intel Corp revived deep concerns about the economy.
Reuters - Stocks tumbled on Wednesday in their worst decline in about a month after a revenue warning from top chip maker Intel Corp sparked a sell-off in technology shares and tumbling oil prices hurt the energy sector.
Reuters - Stocks extended losses and the Nasdaq tumbled 3 percent on Wednesday after a revenue warning from top chip maker Intel Corp and bleak jobs data added to signs that the recession is deepening.
Reuters - Stocks fell at the open on Wednesday as technology bellwether Intel Corp warned about its outlook, adding to the gloomy mood following a report showed 693,000 private-sector U.S.
While most problems reported are with AMD X2's and FX's, this is due to their popularity with gamers. Intel's dual-core's have also been reported as having problems.
Dave Dribin announced the released of a new OS X port of MAME that will run natively on Intel based Macs. The port is implemented using newer OS X technologies such as Core Audio, Core Image, Core Video, and OpenGL, and requires OS X 10.4 to run.
