Chip maker Intel last night reported that its second-quarter profit rose 25% from a year earlier to $1.6 billion. The profit amounted to 28 cents per share, better than Wall Street analysts had expected.
The company said revenue rose 9% to a record $9.5 billion. Paul Otellini, Intel's president and chief executive, said demand for its products remained strong worldwide.
But Intel's shares dipped slightly in after-market trade in the US, as its outlook for revenue in the coming quarter was slightly lower than Wall Street had expected.
Intel employs more than 5,000 people in Ireland.
