Intel's net income for the second quarter of its financial year was $896m, down two per cent compared with the previous quarter, but up 101 percent year-over-year.
The chip giant posted second-quarter revenue of $6.8bn, up one per cent sequentially and up eight per cent year over year.
Last year's second-quarter results included a $106m charge on sales related to winding down its online services business, along with a $112m write-off of "acquired intangibles".
"Overall the quarter came in slightly better than we expected, led by good demand in our computing-related business, which posted solid year-over-year results," said Craig Barrett, Intel's chief executive.
"In addition, we recently launched our latest Itanium 2 processor for high-end enterprise computing with broad industry support."
The company said that it expected its revenue in the third quarter to be between $6.9bn and $7.5bn, but added that "continuing uncertainty in global economic conditions makes it particularly difficult to predict product demand and other related matters".
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