Intel shares soar in AH trading

|About: Intel Corporation (INTC)|By:, SA News Editor

After Intel (INTC) raised its second quarter revenue forecast yesterday, shares climbed as high as 6.6% to $29.80 in extended trading.

The second quarter boost came after an increased demand for personal computers, with annual company sales estimated to increase for the first time since 2011.

Sales for this quarter are predicted to be approximately $13.7B, compared to an earlier estimate of $13B.

INTC +5.6% AH