Intel says customers stockpiling chips on U.S.-China tension, hikes forecast - News Daily

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Thursday, July 25, 2019

Intel says customers stockpiling chips on U.S.-China tension, hikes forecast

By Munsif Vengattil and Stephen Nellis (Reuters) - Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to China's Huawei Technologies Co Ltd [HWT.UL]

The post Intel says customers stockpiling chips on U.S.-China tension, hikes forecast appeared first on Firstpost.



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