Intel Reports Strong Earnings. The Stock is Rising.

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Intel reported revenue of $14.2 billion, ahead of Wall Street's $13.6 billion estimate.

Intel provided a better-than-expected revenue forecast for its December quarter, pushing its stock higher in late trading.

For the current quarter, Intel gave a revenue forecast range of $14.6 billion to $15.6 billion. At the midpoint, that’s above Wall Street’s consensus of $14.4 billion.This is breaking news. Read a preview of Intel earnings below and check back for more analysis soon.

 

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