Intel narrows revenue guidance
Intel narrowed its second-quarter revenue guidance yesterday, keeping expectations in line with those announced in its...
Intel narrowed its second-quarter revenue guidance yesterday, keeping expectations in line with those announced in its first-quarter earnings release.



Infographic: Future-proofing UK technology
The current potential of the UK technology industry is restricted by the lack of tech and digital talent available. Read through this challenge for the future of UK business and our economy.
By submitting your personal information, you agree that TechTarget and its partners may contact you regarding relevant content, products and special offers.
You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.
Second-quarter revenue will be between $6.6bn and $6.8bn. Intel had previously set revenue expectations to come in between $6.4bn and $7.0bn.
Sales of products within the Intel architecture business, which is made up of the company's desktop, notebook, and server processors, are moving to the high end of seasonal expectations. Sales of communications products remain soft.
Intel first-quarter results reflected a similar picture of stronger-than-expected PC processor sales balanced by softer communications processor sales. Intel raised prices for its flash memory products in the first quarter which, executives admitted, have hurt that business.
Start the conversation
0 comments