Jamie McKane
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Intel forecasts increased revenue due to PC demand
Intel Corp., the world’s second-biggest semiconductor maker, gave bullish forecasts that demonstrate growth is back in a personal-computer market many thought was dying.
Revenue in the fourth quarter will be about $19 billion and profit will be $1.16 per share, Intel said in a statement Thursday. Both projections beat analysts’ average estimate.
[Bloomberg]
Intel Corp., the world’s second-biggest semiconductor maker, gave bullish forecasts that demonstrate growth is back in a personal-computer market many thought was dying.
Revenue in the fourth quarter will be about $19 billion and profit will be $1.16 per share, Intel said in a statement Thursday. Both projections beat analysts’ average estimate.
[Bloomberg]