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Intel, Bad Economic News Timeline Tuesday, May 1 Bookmark and Share     Author
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Intel Will Miss Its Lowered 4Q Targets  Even after sharply reducing its outlook, Intel would miss its revenue projection by $500 million; PC makers and buyers are being more tightfisted Yahoo, Intel Report 3Q Profit Declines  The technology leaders each saw profits decline by over 30%, however both managed to meet or beat expectations 10,500 Layoffs Announced
World News (13) World Bad Economic News (253) USA (336) California (187) Bay Area (12) Bay Area Bad Economic News (399) Intel (141) Business (113) Bad Economic News (12)
2011 (1) 2010 (1) 2009 (3) 2006 (3) 2005 (1) 2004 (2) 2002 (1)
Bad Economic News on Wikipedia Bad Economic News on Web

Chip Design (2)   Santa Clara Job Cut (28)   Silicon Valley Job Cut (64)   Santa Clara 3rd Quarter Earnings
FTC denies Intel bid  The U.S. Federal Trade Commission has released a redacted version of its decision not to grant an Intel request to disqualify FTC Commissioner... Shares fall despite bullish PC prediction  Intel's stock fell 77 cents, or 4.8%, to $15.24 in morning trading. Investors don't buy proclamation that slumping sales have 'bottomed out Intel to lay off up to 6,000
Intel finds chip design error

year 2011 Top ^

  Intel Corp. it has found a design flaw in a recently released chip, and is working with laptop makers to replace affected computers

year 2010 Top ^


year 2009 Top ^

  Intel is consolidating its manufacturing operations as a part of a restructuring bid that will affect jobs from the U.S to the Philippines


year 2006 Top ^

  Semiconductor giant is laying off employees as part of a massive restructuring effort to reverse sinking profits
 Most of the job cuts will come from the management, marketing and information technology ranks. Market share stolen by smaller rival AMD
Jan.17 4th-quarter forecast missed  Chip maker faced lower-than-expected average selling prices and difficulties in meeting demand

year 2005 Top ^

Jan.11 Quarter profit falls, but sales set record
  4th-quarter profits fell 2%. The company benefited from strong holiday demand for computer chips

year 2004 Top ^

Sep.2 Financial forecast lowered for 3rd quarter
  High-tech bellwether said its third-quarter revenue will range from $8.3 billion to $8.6 billion
Jun.3 2nd-quarter financial forecast narrowed
  Intel Corp., citing continued strong demand for silicon chips, expects revenue to be between $8 billion and $8.2 billion

year 2002 Top ^

Jul.16 4,000 jobs trimmed
  Chip-making giant posted disappointing second-quarter earnings. Most of the reductions will be made through attrition

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