19.09.2016 - Quotes of Intel increased after the improvement in revenue forecasts
Shares of Intel showed an increase after was published the information about the raise of forecasts for sales for the 3rd quarter. The company expects that revenue in the current quarter will rise to 15.6 billion, plus or minus 300 million dollars. The previous forecast was at 15.6 billion plus or minus 500 million dollars. This forecast is based on the expectation of growth in demand for personal computers. Our medium-term outlook remains positive, but after completion of the current upward impulse, we can see the correction by 10-15%.