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AMD Earnings Beat the Street! Intel Earnings Beat the Street?
R. Krause - May 4, 2000

Event Summary

April 18, 2000 - Spurred by heavy demand for chips in the first quarter, chip makers AMD and Intel announced sales and earnings estimates far in excess of what 'Wall Street' had predicted. For Intel, earnings were 88 cents per share, vs. the expected 69 cents per share. But the real surprise was AMD: analysts expected earnings to be 58 cents per share, the actual results were $1.15 per share, almost double the estimates...


 
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