Intel Updates Q3 Outlook

Écrit par
Jeff Burt
Jeff Burt
Published: Sep 4, 2003
Updated: Feb 2, 2021
1 minute read
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Intel Corp. on Thursday further updated its third-quarter outlook, saying it expects revenues to come in between $7.6 billion and $7.8 billion.

This follows the Santa Clara, Calif., chip makers previous update Aug. 22, when it gave a range of $7.3 billion and $7.8 billion for the quarter, which ends Sept. 27. Earlier in the quarter, Intel officials said revenues would come in between $6.9 billion and $7.5 billion.

But while the numbers on Thursday were more specific, the message remained the same: The companys growth in its Intel Architecture business—which includes processors and chip sets for computers—continues to be strong, particularly in growing markets. However, demand for the companys communications products remains relatively weak, the company said in a statement released on Thursday.

Intel is scheduled to announce its third-quarter earnings Oct. 14.

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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