Chipmaker Intel has seen the results of the fourth quarter began to rise as the market shrugged PCs to eliminate the effects of the recession.
Computer orders rose substantially during the quarter, which is good for Intel, dominated the personal computer chips.
Sales rose 29% to 10.6 billion U.S. dollars (6.5 billion), according to analysts’ outlook of 10.2 billion U.S. dollars.
Investors looking for results from chipmaker as a barometer of the economy and consumer demand in the U.S. economy.
Intel is the first major technology company is to announce the results. Net income for the three months to December 26 was 2.3 billion, compared with net income of $ 234ma year earlier.
This is definitely good for the technology market as a whole, said David Kanter, an analyst at Real World Technologies.
Intel, the largely explains the health status of the PC and the purchase of computers and a huge amount of other activities, including readers of analog semiconductors and other people living in the ecosystem are somewhat weaker and more as a supplement to Fit chip computer. chipmakers from its worst downturn in the industry for decades and pass that could benefit from improved technology of large companies in 2010.