Intel butts into Barcelona Day with earnings surprise
Intel expects more revenue than it previously thought this quarter, as demand has turned out to be pretty strong across the globe.
The company now expects to record between $9.4 billion and $9.8 billion in revenue for its third quarter, which ends this month. When the company reported second-quarter earnings in July, it expected to do between $9 billion and $9.6 billion in revenue. The ranges are there as hedges--when Intel and other companies provide a range they are generally directing you toward the midpoint of that range.
In 2006, Intel announced it would be doing away … Read more