Intel Raises Revenue Outlook

Écrit par
Jeff Burt
Jeff Burt
Published: Aug 22, 2003
Updated: Feb 2, 2021
1 minute read
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Intel Corp., saying demand for chips and components for PCs is better than anticipated, is raising its financial expectations for the third quarter.

The Santa Clara, Calif., company issued a statement Friday saying that officials expect revenue to come in between $7.3 billion and $7.8 billion, more than the $6.9 billion to $7.5 billion it predicted earlier in the quarter.

Intel is scheduled to give a full mid-quarter update Sept. 4.

The company said that demand for its Intel Architecture technology, which includes processors and chipsets for PCs, is higher than expected, although business for communications products is still slow.

Jeff Burt

Jeffrey Burt has been with eWEEK since 2000, covering an array of areas that includes servers, networking, PCs, processors, converged infrastructure, unified communications and the Internet of things.

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