https://wccftech.com/intel-intc-unveils-its-idm-2-0-strategy-and-provides-a-new-fy-2021-financial-outlook-that-lifts-the-stock-price-despite-falling-short-of-last-years-revenue/

Intel (NASDAQ:INTC), the semiconductor behemoth undergoing significant reforms to claw back its market share, has announced a significant update to its financial outlook for 2021.

According to the press statement released by Intel during the after-hours trading session, the company “expects to exceed its previously communicated first-quarter 2021 non-GAAP revenue and earnings-per-share (EPS) guidance, driven by continued strong notebook demand”.