Intel forecasts current-quarter revenue above estimates
Chipmaker Intel Corp forecast fourth-quarter revenue above Wall Street expectations on Thursday, betting on hybrid work demand by leveraging its in-house production capacity to weather supply chain challenges.
The company expects fourth-quarter revenue of about $18.3 billion, compared with analysts' average estimate of $18.25 billion, according to IBES data from Refinitiv.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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