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    Home»Business»Intel forecasts current-quarter revenue above estimates By Reuters
    Business

    Intel forecasts current-quarter revenue above estimates By Reuters

    DiwanBy DiwanOctober 21, 2021No Comments2 Mins Read
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    Intel forecasts current-quarter revenue above estimates
    © 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.

    Disclaimer: Fusion Media wish to remind you that the info contained on this web site isn’t essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs are usually not supplied by exchanges however somewhat by market makers, and so costs might not be correct and will differ from the precise market value, that means costs are indicative and never acceptable for buying and selling functions. Due to this fact Fusion Media doesn`t bear any duty for any buying and selling losses you may incur on account of utilizing this knowledge.

    Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or harm on account of reliance on the knowledge together with knowledge, quotes, charts and purchase/promote alerts contained inside this web site. Please be absolutely knowledgeable relating to the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding types doable.

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