October 24, 2019 / 8:08 PM / a month ago

Intel raises full year revenue forecast

Oct 24 (Reuters) - Intel Corp raised its full-year revenue forecast on Thursday, easing concerns about a long-drawn slowdown in demand that has also been fueled by the U.S.-China trade war.

The company now expects fiscal year 2019 revenue of $71 billion, up from its earlier forecast of $69.5 billion. (Reporting by Munsif Vengattil in Bengaluru and Stephen Nellis in San Francisco Editing by Saumyadeb Chakrabarty)

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