Friday, September 16, 2016

Intel Updates Q3 Revenue Outlook - Quick Facts

Intel Corp. (INTC) announced the company now expects third-quarter revenue to be $15.6 billion, plus or minus $300 million, as compared to the previous range of $14.9 billion, plus or minus $500 million. The company said the increase in revenue is primarily driven by replenishment of PC supply chain inventory. The company is also seeing some signs of improving PC demand.

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