Investing.com -- Intel on Thursday delivered better-than-expected guidance for the current quarter after third-quarter earnings markedly beat analyst estimates amid signs PC demand has bottomed.adjusted EPS of $0.41 on revenue of $14.2 billion. Analysts polled by Investing.com anticipated EPS of $0.22 on revenue of $13.53 billion.
Client Computing Group, which mainly consists of the company's PC processor and related component business, reported a 3% decline in revenue. Looking ahead to Q4, the chipmaker forecasts adjusted EPS of $0.44 on revenue between $14.6B and $15.6B, compared with estimates for EPS of $0.33 on revenue of $14.36B.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: Include punctuation and upper and lower cases.
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Nvidia Takes Aim at Intel's Reign Over the Personal Computer MarketNvidia eyes ARM-based CPUs, challenging Intel's PC dominance. A market shift looms as competition heats up.
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