Intel raises its revenue outlook
Aug 28th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Intel, the global chip giant, said today that as a result of stronger than expected demand for microprocessors and chipsets, it now expects revenue for the third quarter to be $9.0 billion, plus or minus $200 million, as compared to the previous range of $8.5 billion, plus or minus $400 million. The gross margin percentage for the third quarter is expected to be in the upper half of the previous range of 53 percent, plus or minus two percentage points. All other expectations are unchanged.