Intel expects more revenue than it previously thought this quarter, as demand has turned out to be pretty strong across the globe.
The company now expects to record between $9.4 billion and $9.8 billion in revenue for its third quarter, which ends this month. When the company reported second-quarter earnings in July, it expected to do between $9 billion and $9.6 billion in revenue. The ranges are there as hedges--when Intel and other companies provide a range they are generally directing you toward the midpoint of that range.
In 2006, Intel announced it would be doing away … Read more