Intel says customers stockpiling chips on U.S.-China tension, hikes forecast

Intel says customers stockpiling chips on U.S.-China tension, hikes forecast

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-intel-results/intel-says-customers-stockpiling-chips-on-u-s-china-tension-hikes-forecast-idUSKCN1UK2Z1

Intel Corp forecast current-quarter profit and revenue above estimates and raised its full-year revenue forecast on Thursday, allaying concerns about a global semiconductor sales slowdown and curbs on U.S. sales to China's Huawei Technologies Co Ltd.