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Latest Stacy Smith Stories

Intel Sees Growth In Internet-connected Home Devices
2012-06-14 05:23:33

As an increasing number of devices become connected to the Internet, Intel Corp. is looking to new markets, such as home entertainment, for major growth opportunities, the company´s chief financial officer said this week during the Reuters Media and Technology Summit in New York. These lucrative markets require, in many cases, more expensive processors for servers that stream video and other content, compared with chips that power smartphones and other devices, Intel CFO Stacy Smith...

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2011-05-27 05:35:00

Intel Corp. said it would consider using its manufacturing capacity to make processors for rival firms, although any proposal to produce non-Intel chips would require an "in-depth discussion", Reuters reported on Thursday. Speaking to journalists after an investor event in London, Intel's Chief Financial Officer Stacy Smith said the chipmaker would be very selective about any such deal. Intel sees its lead in advanced manufacturing technology as a critical asset, and opening its factories up...

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2009-05-27 15:10:00

Intel Corp. said Wednesday that the record-setting $1.5 billion antitrust fine imposed by the European Union would not affect the company's dividends or investments. "There's still plenty of cash flow from operations to invest in our business, pay the fine and pay the dividend," said Intel CFO Stacy Smith during an analyst event in London. "As we've said in the Q1 earnings call, we are not having any conversations about cutting the dividend." Smith's presentation included a slide indicating...

2008-08-14 09:00:36

By Duncan Martell Sales of Intel's Atom processor, designed for consumer electronics gadgets and super-slim personal computers, are topping company targets as the largest chipmaker in the world seeks to expand beyond a slowing PC market. "Atom is off to a very, very rapid start, far exceeding our expectations when we started the year," the company's chief financial officer, Stacy Smith, said in an interview on Tuesday. "It's the perfect recession product to have in the marketplace." Atom...

2008-07-17 09:00:33

By Laurie J. Flynn Finally, some good news for Wall Street. Despite high gasoline prices and widespread fears of an economic downturn, Intel, the world's largest chip maker, has reported a sharp rise in profit and said that strong demand worldwide for computer chips will continue in the current quarter. "Independent of the climate, we had a great second quarter," Stacy Smith, Intel's chief financial officer, said in an interview on Tuesday. "What we're seeing is pretty strong demand."...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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