Intel tops estimates due to data centre surge

Jamie McKane

MyBroadband Journalist
Super Moderator
Joined
Mar 2, 2016
Messages
4,660
Intel tops estimates due to data centre surge

Intel Corp., the world’s second-biggest semiconductor maker, reported second-quarter results that topped analysts’ estimates on most measures and raised its full-year outlook. But the shares slipped as some analysts saw signs that growth may slow at the end of the year.

Revenue in the current period will be about $18.1 billion, plus or minus $500 million, the company said in a statement Thursday.

[Bloomberg]
 
Top