On October 14, 2009
Wall Street Cheers Intel’s Q3 Results, Q4 Forecast
Intel has been asserting for months that the personal computer business is rebounding from its deepest slump in nearly a decade. Its stock surged Wednesday on signs that things are picking up faster than expected, despite a few lingering trouble spots. Intel reported after the market closed Tuesday that its profit and sales both dipped 8 percent from July through September as spending by corporations remained weak.
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