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A look at recent tech-industry earnings

Here is a summary of recent earnings reports for selected technology companies and what they reveal about the state of corporate spending:

April 13: Intel Corp. says net income in the first quarter nearly quadrupled. Revenue was up 44 percent. Intel says corporations are upgrading their employees' computers and buying more servers.

April 15: Advanced Micro Devices Inc. shows a 34 percent increase in revenue and says spending on servers is "pretty healthy." The microprocessor maker's CEO says he is less certain about corporate spending on personal computers.

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finance.yahoo.com
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