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October 13, 1998

COMPANY RESULT: INTEL CORP

By CBR Staff Writer

Intel Corp, the giant chip maker based in Santa Clara, California, has reported third quarter net profits up 1.0% at $1.56bn on revenues up 9.4% at $6.73bn; nine-month net profits fell 23.0% to $4.0bn on revenues up 0.5% at $18.66bn. Net earnings per share rose 1.1% to $0.89 in the quarter, down 21.5% to $2.27 in the nine months.

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