Intel First-Quarter Business At High End Of Expectations

Subject: General Tech | March 14, 2005 - 09:30 PM |
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SANTA CLARA, Calif., March 10, 2005 -- Intel Corporation expects revenue for the first quarter to be between $9.2 billion and $9.4 billion, as compared to the previous range of $8.8 billion to $9.4 billion.

The first-quarter gross margin percentage is expected to be approximately 57 percent, plus or minus a point, as compared to the previous expectation of 55 percent, plus or minus a couple of points, primarily due to lower than expected 65nm start-up costs and microprocessor unit costs. All other expectations are unchanged.