
© Reuters. Guests are seen on the Intel sales space through the China Digital Leisure Expo and Convention, also called ChinaJoy, in Shanghai, China July 30, 2021. Image taken July 30, 2021. REUTERS/Aly Track/Information
(Reuters) – Chipmaker Intel Corp (NASDAQ:) forecast fourth-quarter income above Wall Avenue expectations on Thursday, betting on hybrid work demand by leveraging its in-house manufacturing capability to climate provide chain challenges.
The corporate expects fourth-quarter income of about $18.three billion, in contrast with analysts’ common estimate of $18.25 billion, in line with IBES knowledge from Refinitiv.
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