Intel (INTC) is the world's leading semiconductor manufacturer. While sales of personal computers are no longer a huge growth factor for Intel, the boom in mobile computing devices is propelling future growth for the company. Furthermore, Intel's engineering has allowed it to maintain and expand its technological advantage over competitors such as Advanced Micro Devices (AMD).
Recently, Intel reported third-quarter earnings of 65 cents, which was better than consensus estimates of 61 cents. This resulted in upward full-year EPS consensus revision of 9 cents for the company from 47 analysts. For the fourth quarter, analysts expect Intel to earn 69 cents, which is 4 cents more than it was a month ago.
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