Intel gives rosy fourth


Credit: Reuters/Pichi Chuang


An employee walks past an Intel logo during the 2014 Computex exhibition at the TWTC Nangang exhibition hall in Taipei June 3, 2014.


Third-quarter revenue was $14.6 billion, up 8 percent from the year-ago quarter, Intel said in a statement on Tuesday. Intel said it expects fourth-quarter revenue of $14.7 billion, plus or minus $500 million.


Analysts on average expected third-quarter revenue of $14.44 billion and fourth-quarter revenue of $14.48 billion, according to Thomson Reuters I/B/E/S.


(Reporting by Noel Randewich; Editing by Chris Reese)


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