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Intel Rallies on Strong Sales Guidance

 

Updated from June 3

Intel(INTC Quote) tilted its second-quarter sales guidance to the high end of its previous range, outlining a forecast for revenue of $8 billion to $8.2 billion due to better-than-expected demand for its flash memory chips.

Demand for Intel's flagship microprocessor chips is running in line with expectations, the company said. ...

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