Intel Sales May Exceed Estimates on Demand for Server Chips
This article is for subscribers only.
Intel Corp., the world’s largest semiconductor maker, forecast second-quarter sales that may exceed some analysts’ estimates as strong demand for server chips helps make up for a slump in the personal-computer market.
Revenue in the current period will be as much as $13.4 billion, the Santa Clara, California-based company said yesterday in a statement. Analysts on average had predicted sales of $12.8 billion, according to data compiled by Bloomberg.