VMbytes

Intel earned $1.9 billion in the third quarter or 31 cents a share, up 43% year-over-year, on record revenues of $10.1 billion, up 15% - way better than the $9.6 billion that Wall Street expected and way better than Intel had guided to. Its operating income was up 64% to $2.2 billion. Intel described it as its highest sequential growth in 10 years and said demand was ‘exceptional,’ a product of a ’strong general market.’ Nearly 80% of its revenues were generated outside the US. By comparison AMD lost 71 cents on revenues $1.6 billion.

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