Instant Reaction: Intel Gives Encouraging Forecast After PC Market Rebounds

Instant Reaction: Intel Gives Encouraging Forecast After PC Market Rebounds

Intel gave an upbeat revenue forecast after personal computer demand grew, boosting optimism about a comeback attempt by the embattled chipmaker.

Fourth-quarter sales will be $12.8 billion to $13.8 billion, the company said in a statement Thursday. The midpoint of that range, $13.3 billion, was just below Wall Street’s $13.4 billion average estimate.
But some analysts were still including revenue from a unit that Intel just spun off — money that wasn’t part of the company’s forecast.

The shares gained about 3% in late trading after closing at $38.16.

For instant reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with Jay Goldberg, Senior Analyst of Semiconductors & Electronics with Seaport Research Partners

See omnystudio.com/listener for privacy information.

Episoder(3343)

It's the President's Choice to Disclose Info, Ex-CIA Head Says

It's the President's Choice to Disclose Info, Ex-CIA Head Says

Jim Woolsey, former director of the CIA, gives an insider's perspective on Trump's reported leak of highly classified intelligence to Russian diplomats. Bloomberg's Steven Dennis talks about how Senat...

16 Mai 201728min

Cybersecurity's a Race to Install Microsoft Patches, Coden Says

Cybersecurity's a Race to Install Microsoft Patches, Coden Says

Michael Coden, who heads the cybersecurity practice at BCG Platinion and is also associate director of the MIT Cybersecurity Research Consortium, discusses the WannaCry pandemic. Toluse Olorunnipa, a ...

15 Mai 201729min

Canadian Consumer Debt Has Never Been This High, Beattie Says

Canadian Consumer Debt Has Never Been This High, Beattie Says

David Beattie, a senior vice president at Moody's, discusses Moody's decision to cut Canadian bank ratings. Ken Doyle, a senior editor at Bloomberg BNA's Money and Politics Report, talks about Trump's...

12 Mai 201733min

Silver Supply Expected to Decline While Usage Grows, Krebs Says

Silver Supply Expected to Decline While Usage Grows, Krebs Says

Mitchell Krebs, president of The Silver Institute and president/CEO of Coeur Mining, Inc., discusses the state of silver and the global ramification of the annual World Silver Survey. John Butler, sen...

11 Mai 201728min

FBI Acting Director McCabe "Has No Chance," Eli Lake Says

FBI Acting Director McCabe "Has No Chance," Eli Lake Says

Eli Lake, a Bloomberg View columnist, tells Pimm Fox and Lisa Abramowicz what FBI Director James Comey's dismissal means for national security. Roberto Croce, a senior money manager and head of quanti...

10 Mai 201732min

Wall Street's Vulnerable to Downturn, Summers Says

Wall Street's Vulnerable to Downturn, Summers Says

Former Treasury Secretary Larry Summers, president emeritus and Charles W. Eliot University professor at Harvard University, discusses bank regulation, U.S. Treasury policies and an outlook for recess...

9 Mai 201734min

France's Economy Is Recovering in Slow Motion, Sbaihi Says

France's Economy Is Recovering in Slow Motion, Sbaihi Says

Live from the Atlanta Fed's 22nd Annual Financial Markets Conference in Amelia Island, Florida. Bloomberg Intelligence's Maxime Sbaihi discusses the economic impact of Emmanuel Macron's Presidential w...

8 Mai 201730min

Is the Health-Care Bill Dead on Arrival?

Is the Health-Care Bill Dead on Arrival?

Bloomberg Gadfly columnist Max Nisen talks about what can be expected in the Senate after the House passed the American Health Care Act. John Cochrane, a senior fellow at the Hoover Institution, discu...

5 Mai 201730min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-penger-polser-og-politikk
rss-borsmorgen-okonominyhetene
utbytte
pengepodden-2
pengesnakk
livet-pa-veien-med-jan-erik-larssen
rss-sunn-okonomi
morgenkaffen-med-finansavisen
tid-er-penger-en-podcast-med-peter-warren
okonomiamatorene
finansredaksjonen
lederpodden
liberal-halvtime
rss-markedspuls-2
rss-impressions-2
rss-andelige-tanker-med-camillo