Intel Unveils Pair of Itanium 2 Chips
Intel Corp. has taken the wraps off two new Itanium 2 processors that should tide the company over until the expected launch of its first dual-core Itanium processor later this year. Intel said that it added two 1.66-GHz Itanium 2 processors that are notable because they each have a 667-MHz front-side bus, which provides a faster link between the CPU and the system's main memory.
IBM's Results Return to Form
IBM returned to financial form in the second quarter, reporting income growth and solid revenue after scaring financial analysts by falling short of expectations in its first quarter.
i2 Stock Is Back on Nasdaq Exchange
After a two-year hiatus, shares of i2 Technologies Inc. stock can be traded on the Nasdaq Stock Market. The Dallas-based vendor said that the Nasdaq Listing Qualifications Panel agreed to let i2 common stock return to the exchange late last week. New York-based Nasdaq began delisting efforts against i2 in late March 2003. Since May 2003, i2 stock has traded on the National Quotation Service Bureau.
Lucent Profit Down, But Sales Up 7%
Lucent Technologies Inc. reported a decline in profit for its third fiscal quarter, although strong sales of third-generation mobile network gear helped boost revenue.