Intel raises 3rd-quarter sales outlook on improved demand
By APFriday, August 28, 2009
Intel raises 3Q sales outlook
SANTA CLARA, Calif. — Intel is raising its third-quarter revenue forecast, citing strong demand for its chips.
Intel, the world’s largest maker of computer microprocessors, said Friday it now expects sales of $8.8 billion to $9.2 billion in the current quarter.
Its earlier guidance was for revenue in the range of $8.1 billion to $8.9 billion.
Analysts polled by Thomson Reuters had been expecting $8.55 billion in revenue.
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