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DewDiligence

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Re: jbog post# 12458

Friday, 09/16/2016 2:32:18 PM

Friday, September 16, 2016 2:32:18 PM

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INTC raises guidance on unexpected strength in PC market:

http://www.wsj.com/articles/intel-raises-third-quarter-guidance-1474033081

Intel Corp. on Friday raised its revenue forecast for the third quarter amid signs of improving demand in the personal-computer market.

The chip maker said it now expects third-quarter revenue of $15.6 billion, plus or minus $300 million, up from a previous range of $14.9 billion, plus or minus $500 million. In the year-ago third quarter, revenue was $14.47 billion.

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