Intel Forecasts Sales That Top Estimates on Corporate Demand

Intel Corp., the world’s biggest chipmaker, forecast third-quarter sales that exceeded some analysts’ estimates, bolstered by corporate computer upgrades and first-time purchases by consumers in emerging markets.

Revenue will be $14 billion, plus or minus $500 million, Intel said yesterday in a statement. That compares with $13.5 billion, the average of analysts’ projections compiled by Bloomberg. Gross margin, the percentage of sales left after deducting production costs, will be about 64 percent.