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Intel Projects Sales Growth on Data Centers, PC Demand

  • Fourth-quarter revenue gained 10 percent across all units
  • CEO promises return to faster growth in server chip business
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Intel Corp, the biggest maker of semiconductors, predicted first-quarter sales that will meet analysts’ estimates on improvements in the personal computer market and continued growth in orders from data center owners.

Revenue will be $14.8 billion, plus or minus $500 million, the Santa Clara, California-based company said Thursday in a statement. Analysts had projected $14.5 billion, the average of estimates compiled by Bloomberg.