Intel's Quarterly Profits Take a Hit

from National Public Radio

Chipmaker Intel says it sold a record number of new, more expensive microprocessors in the past quarter, but a price war with a smaller competitor — Advanced Micro Devices — is cutting into profits. Intel put its quarterly net income at $1.5 billion, down nearly $1 billion from the same reporting period a year earlier.

Broadcast Dates

• Morning Edition, January 17, 2007