Intel said revenue climbed to US$8.3 billion. The results included an US$82 million restructuring charge taken for the uarter.
“Intel's operational execution continued to strengthen, resulting in an outstanding product roadmap and solid year-over-year revenue growth,” Intel president and chief executive Paul Otellini said.
“We're pleased that our efforts to streamline the company are delivering profit growth in excess of revenue growth,’” he said.
And Intel said it expects continued strong growth in the third quarter on the back of a healthy global IT market. The company has forecast revenue growth to US$9 billion to US$9.6 billion, with gross margin up marginally to 52 per cent.
Intel has enjoyed strong sales growth for its quad-core Xeon server processors, but has suffered a slowdown at the low-end of the PC chip market through stiff price competition.
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