Semiconductors
But he said that aspect of the business was well understood on Wall Street, with investors more likely to focus on Intel's improved gross margin guidance for the full year.
Intel raised its full-year gross margin projection a notch to 51% plus or minus a few points, vs. its previous guidance of 50%. The company said the improvement owed to improving costs per unit, as the company moves to advanced manufacturing processes, along with slightly better-than-expected trends in pricing. CFO Bryant said the pricing benefit owed to Intel's improved lineup of chips. "As time passes, we think we have more than just price to compete on," said Bryant. Shares of Intel closed the regular session up 29 cents at $20.48.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
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26.41 |
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2.99 |
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10.02 |
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0.44 |
10 Yr
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SPDR Gold
151.62
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-0.21%
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-0.23%
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-0.35%
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-2.71%
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