Chip bellwether Intel put out a reassuring earnigns report -- calming fears of high-tech investors. Intel reported a 25% increase in profits after the markets closed yesterday. Revenues gained 17% from a year ago registering $9.4 billion. Demand looks solid without undue inventory buildup.
Intel will open the floodgates with its "Rosedale" chip on Monday, the company's entry into the WiMAX fray. Why WiMAX you ask? Think of this new technology as broadband on steroids. Deployment of WiMAX could spark the Internet2 boom.
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1 comment:
Your article is very informative and helped me further.
Thanks, David
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