Intel sales forecasts may exceed analysts' estimates

San Francisco

INTEL Corp has forecast sales that may exceed analysts' predictions, helped by demand for machines that handle the rising tide of digital data and a greater share of the market for personal computer chips.

Third-quarter revenue will be US$14.3 billion, plus or minus US$500 million, the biggest maker of semiconductors said on Wednesday in a statement. That compares with analysts' average projection of US$14 billion, according to data compiled by Bloomberg.