Intel Increases 3Q Revenue Guidance


Intel (INTC) this morning raised their 3rd quarter revenue guidance from $8.5 bil +/- $400 mill to $9.0 bil +/- $200 mil.  That’s some genuinely bullish news though $9 bil is still 12% below revenues from 2008’s 3rd quarter of $10.2 bil.


Disclosure: Top Gun has no position in Intel (INTC) shares but is short them indirectly view the QQQQ.

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