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Article: nation.(Front)
- Article from:
- The Virginian-Pilot (Norfolk, VA)
- Article date:
- August 29, 2009
CopyrightCOPYRIGHT 2009 The Virginian Pilot-Ledger Star. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Intel raises outlook for the third quarter
NEW YORK | Intel Corp. raised its third-quarter revenue forecast above Wall Street's expectations Friday, citing strong demand for its chips and giving another signal that business is improving for one of the world's biggest technology companies. The leading maker of computer microprocessors expects sales of $8.8 billion to $9.2 billion. Its last guidance, which came July 14, was for revenue in the range of $8.1 billion to $8.9 billion.
Because it gets most of its revenue from selling chips that are the "brains" of personal computers, Intel is indicating PC makers are loading up on new chips faster than it ...