On August 28, 2009
Intel’s Stronger Outlook Fuels Tech-Sector Cheer
Intel has boosted its sales forecast for Q3, providing an injection of confidence to the tech sector, where it’s viewed as an industry bellwether. Intel now expects revenue for the third quarter to be $9 billion, plus or minus $200 million, compared with the previous range of $8.5 billion, plus or minus $400 million. Wall Street had been expecting revenue to clock in at $8.6 billion.
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