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Computer Chip Firm Seeks Graduates

A computer chip giant is seeking talented graduates after it announced plans to create 1,000 new jobs worldwide in the coming year.

A computer chip giant is seeking talented graduates after it announced plans to create 1,000 new jobs worldwide in the coming year. Intel will advertise a range of graduate IT jobs and the news came after figures showed its first quarter profits nearly quadrupled compared to the previous year. The company, which has offices in Swindon, said it was looking to the future and remained optimistic about business in 2010. Increased sales of new chips for computer servers helped the firm weather the recession and sales soared by 44% to ??6.7 billion in the three months to March. This meant Intel achieved net income of 1.6 billion, well ahead of Wall Street hopes and last year's ??408 million. Worldwide information technology spending is expected to rise more than 5% in 2010, after falling 1% in 2009, according to market research firm Gartner. As well as chips for computer servers, Intel said demand for processors for higher-end laptops was stronger than expected as firms upgraded staff computers. In recent months, growth was largely driven by consumer demand for netbooks, which are used for surfing the internet and generate lower margins than chips for normal laptops. Intel is the first major technology company to report its results this year.
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