Intel Raises Guidance On Improved Business PC Demand

By | June 12, 2014

Scalper1 News

Chipmaker Intel (INTC) late Thursday raised its second-quarter and full-year sales outlook as a result of stronger-than-expected demand for business PCs. Intel now expects second-quarter revenue to be $13.7 billion, plus or minus $300 million, compared with its previous target of $13.0 billion, plus or minus $500 million. It also upped the midpoint of its gross profit margin range by 1 percentage point to 64%, driven mostly by higher PC unit Scalper1 News

Scalper1 News