Apple's China revenues surpass Lenovo

Apple's second quarter revenue in greater China -- an area including Taiwan and Hong Kong -- have surpassed that of Chinese computer giant Lenovo for the first time, according to figures from the firms.

Research firm cuts 2011 PC sales forecast

(AP) -- Research firm International Data Corp. expects sales of personal computers to grow 4.2 percent this year, down from a previous forecast of 7.1 percent.

'Collapse' in semiconductor demand hits ASML

Dutch computer chip equipment maker ASML announced net losses for the first quarter after a collapse in sales, but said it saw signs of improving market conditions.

Intel CEO: 'So far, so good' in 2Q

(AP) -- Intel Corp.'s CEO says chip orders have been "a little better than we expected" so far in the second quarter.

AMD posts deeper loss, shares fall

(AP) -- Advanced Micro Devices Inc.'s loss widened in the first quarter as demand and prices for its microprocessors slumped and charges for the biggest restructuring in the company's 40-year history took their toll.

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