Intel looks beyond PC slump for sales boost

Intel forecast second-quarter sales that may exceed some analysts’ estimates as strong demand for server chips helps make up for a slump in the personal-computer market.

17th April, 2013
Intel's PC business had $7.99 billion in sales in the first quarter, down 6 per cent from a year earlier.

Intel, the world’s largest semiconductor maker with a major production facility in Ireland, forecast second-quarter sales that may exceed some analysts’ estimates as strong demand for server chips helps make up for a slump in the personal-computer market.

Revenue in the current period will be as much as $13.4 billion, the Santa Clara, California-based company said yesterday in a statement. Analysts on average had predicted sales of $12.8 billion, according to data...

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