Intel said new contracts are in place to incorporate approximately 2.5 megawatts worth of new solar power projects as it moves to develop renewable energy sources.
Advanced Micro Devices Inc reported better-than-expected revenue on strong holiday spending but its shares slid more than 4 percent as investors cashed in recent gains.
Google Inc was among the first technology companies to shake off the recession last year, but the Internet giant's fourth-quarter report could not satisfy investors' increasing demand for stronger growth.
Advanced Micro Devices posted a fourth quarter profit on Thursday after the close, boosted by a settlement payment from rival Intel.
Intel powers nearly all of today's netbooks and ultra mobile devices, but it may find itself playing catch-up in as little as two years.
Dutch chip equipment maker ASML is expected to report an improvement in orders, indicating a technology sector recovery, but analysts said rising expectations could disappoint if any of the numbers slip.
Stellar results from Intel Corp could signal brighter tech earnings results in coming weeks, but analysts warn stocks themselves may be stuck in a short-term correction.
U.S. stocks slid on Friday, with bank shares leading the way, after JPMorgan Chase & Co reported deep fourth-quarter loan losses that raised concerns about earnings for the pivotal industry.
Technology company Intel Corp will receive some additional business from the German car industry and heavy machinery sector in the coming years, its head of German operations said.
U.S. stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.02 percent, Dow Jones futures down 0.22 percent and Nasdaq 100 futures down 0.17 percent at 4.40 a.m. EST.
Technology shares jumped in Asia on Friday after better-than-expected earnings from sector bellwether Intel, but stocks elsewhere in the region were largely subdued amid fresh doubts about the strength of the U.S. economic recovery.
Most Asian stocks gave up early gains on Friday as weak U.S. retail sales and a rise in jobless claims made investors wary about the strength of its economic recovery, offsetting better-than-expected earnings from technology bellwether Intel.
Intel Corp's fourth-quarter results roared past Wall Street forecasts and it gave a bullish margin outlook on higher prices and firm demand for server chips, reinforcing hopes for a strong recovery in technology.
Intel Corp's fourth-quarter revenue and margin outlook handily beat Wall Street's expectations, helped by better pricing and demand for server chips, underscoring hopes for a 2010 tech sector recovery and sending the stock rising.
Technology shares drove Wall Street higher on Thursday on bets ahead of Intel's quarterly results that business spending will bolster profits in the sector.
The S&P 500 index rose 0.24% on Thursday to close at 1,148.46 points while the Dow Jones Industrial Average was up 0.28%, to end at 10,710.55.
Stocks traded slightly higher on Thursday, led by the technology sector after upbeat brokerage comments on Oracle Corp and ahead of an expected profit report from Intel Corp.
U.S. stocks traded flat to slightly higher on Thursday as upcoming earnings from Intel Corp spurred interest in technology shares, though gains were limited by an unexpected drop in December retail sales.
U.S. consumers curbed their Christmas spending in December and more people filed claims for jobless benefits last week, casting fresh doubts on whether the economic recovery can last once government support fades.
Stocks edged higher on Thursday as optimism about forthcoming earnings from technology bellwether Intel Corp overcame doubts about the pace of economic recovery stirred by a drop in December U.S. retail sales.
Stock index futures pointed to a lower open on Thursday after an unexpected drop in U.S. retail sales last month pointed to an uneven economic recovery.
Stock index futures edged higher on Thursday as investors awaited results from technology bellwether Intel Corp and a report on December U.S. retail sales, a day after the Dow index rose to a fresh 15-month high.
