Intel raises revenue forecast as PC market improves

September 16, 2016 1:54 PM

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Intel raises revenue forecast as PC market improves

Intel Corp (INTC.O) raised its quarterly revenue forecast for the first time in more than two years, citing improving demand for personal computers.

The company's shares rose as much as 4.1 percent to a more than 15-year high of $38.05 in early trading on Friday.

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