Samsung Ends Intel's 2-decade-plus Reign in Microchips

Intel has lost its long-held title as the world's top computer chip makerâ"at least by one important yardstick. From an Associated Press report: Intel's more than two decade reign as king of the silicon-based semiconductor ended Thursday when Samsung Electronics surpassed the U.S. manufacturer to become the leading maker of the computer chips that are a 21st century staple much as oil was in the past. Samsung reported record-high profit and sales in its earnings report for the April-June quarter, and while Intel's reported earnings beat forecasts, the U.S. company's entire revenue was smaller than sales from Samsung's chip division. Samsung said its semiconductor business recorded 8 trillion ($7.2 billion) in operating income on revenue of 17.6 trillion won ($15.8 billion) in the quarter. Intel said it earned $2.8 billion on sales of $14.8 billion.