Interest in personal computers ain't what it used to be, with PC sales generally sinking over the past few years.
That trend is why people may be a little surprised by Intel's decision Friday to raise its projections for quarterly revenue, thanks to improved demand for PCs. This is the first time the world's largest chipmaker has made such a move in over two years, Reuters reported.
The end of a free Windows 10 upgrade may be helping, as people opt to switch to a new machine, instead of updating an old one.
Things still aren't so rosy in the PC world. PC shipments have been down seven quarters in a row, despite some recent signs of a rebound, Gartner reported in July. Still, any gains in PCs is a big help for Intel, which makes most of its revenue from selling PC chips.
The news comes just as several reports have published Friday that confirm that Intel has managed to get its mobile chips into some new Apple iPhone 7 smartphones. That's a big win for Intel after it largely missed the trend of computers shifting from desktop to mobile devices.
Intel now forecasts third-quarter revenue of roughly $15.6 billion, up from $14.9 billion.