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Intel's comeback begins
Intel Corp. surged in late trading after predicting a return to sales growth in the fourth quarter, fueled by an improving personal computer market and a more competitive product line.
Sales in the period will be $14.6 billion to $15.6 billion, Intel said in a statement Thursday, compared with an average analyst estimate of $14.4 billion.
[Bloomberg]
Intel Corp. surged in late trading after predicting a return to sales growth in the fourth quarter, fueled by an improving personal computer market and a more competitive product line.
Sales in the period will be $14.6 billion to $15.6 billion, Intel said in a statement Thursday, compared with an average analyst estimate of $14.4 billion.
[Bloomberg]


