Friday October 27, 2017

Intel Handily Beats Analyst Expectations as Chips Continue to Shine

The juggernaut named Intel continues to reap the benefits of a diverse product portfolio and beat analyst expectations for the third quarter. Intel reported net income of $4.52B and that's up 34 percent from last year. It just goes to show that Intel dances to the beat of their own drum and competition isn't harming their business at all. You can check out the earnings release here.

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"We executed well in the third quarter with strong results across the business, and we’re on track to a record year," said Brian Krzanich, Intel chief executive, in a statement. "I’m excited about our progress and our future. Intel’s product line-up is the strongest it has ever been with more innovation on the way for artificial intelligence, autonomous driving and more."