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.
While Intel has missed out on providing chips to the surging number of smartphones and tablets, its processors are the backbone of data centres needed for the applications that make those mobile devices attractive to consumers. The...