Intel Q3, Outlook Beat, Easing Signs Of Chip Downturn

By | October 14, 2014

Scalper1 News

No. 1 chipmaker Intel late Tuesday posted Q3 earnings and revenue that edged analyst views on a second straight quarter of solid gains for its PC unit, easing concerns of an industry downturn. Intel’s (INTC) revenue guidance for the current quarter of $14.7 billion, plus or minus $500 million, also beat views at the midpoint, with analysts polled by Thomson Reuters expecting $14.48 billion. The $14.7 billion would be up 7.5% Scalper1 News

Scalper1 News