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Intel shares hit decade high on strong revenue forecast

16

Jul

2014

(Reuters) – Intel Corps shares rose as much as 7 percent to a decade-high, after the worlds largest chipmaker forecast quarterly revenue above analysts estimates on demand from companies looking to replace old PCs. The broker actions came after Intel forecast on Tuesday third-quarter revenue above the average analyst estimate. Chief Financial Officer Stacy Smith […]

Category CA Technologies Tech Written by Yahoo 0 Comments

Intel surges to record chip sales, buoyed by strong PC sales

16

Jul

2014

Intel reported better than expected second quarter earnings today, buoyed on stronger than expected sales from its PC client, data center, and internet of things groups. The company also offered up a forecast for its next quarter that came in ahead of what many were expecting, suggesting a recovery for whats been a declining PC […]

Category CA Technologies Tech Written by The Verge 0 Comments

Intel’s revenue outlook tops expectations, shares rise

16

Jul

2014

By Noel Randewich SAN FRANCISCO (Reuters) – Intel Corp forecast third-quarter revenue above Wall Streets expectations, signaling that a shrinking personal computer industry may be stabilizing. The chipmakers shares rose 3.9 percent in extended trading after closing up 0.70 percent at $31.71 on Nasdaq. Intel said in a statement on Tuesday it expects third-quarter revenue […]

Category CA Technologies Tech Written by Yahoo 0 Comments

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Intel shares hit decade high on strong revenue forecast

Intel surges to record chip sales, buoyed by strong PC sales

Intel’s revenue outlook tops expectations, shares rise

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