INTC- Hopes Held High

NEW YORK (GaeaTimes.com)- INTC (Intel Corporation) is looking forward to an increment in the total revenue earning figure for the current quarter. Reportedly, INTC officials are hopeful that they shall be able to make it to the top in the current quarter as their revenue earning module receives a push.

On the other hand, we have the Wall Street investors who are expecting a strong opening from the company owing to the increasing demand for desktop PC’S. INTC which happens to be the biggest chip maker in the world has already declared that it’s third quarter margin would be somewhere around 67 percent and the total revenue earned shall be $12-billion. The market analysts have already predicted a total of $10,9-billion revenue for INTC. With the forecast of INTC, major technology firms in the Asian subcontinent will be hugely affected in terms of stocks. Some of the prominent in the row are Acer which is a Taiwan based company that has emerged to be one of the top suppliers of computers. On the other hand there is Lenovo which have already gained 4.8% on the share price. INTC CEO Paul Otellini told the media that all figures for corporate spending shall affect the infrastructure of the company.

INTC has also announced it’s plan to launch “Sandy Bridge” which is said to be the chip of the next generation. The CEO informed the media that he is happy with the pre-launch response for the chip.INTC shall make it available for all new laptops and PC’s which are soon to hit the market in the upcoming year. Alongside INTC also has plans in store to increase the number of production units.