Intel's quarterly revenue rises 9.1 percent

Reuters News
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Posted: Oct 18, 2016 4:08 PM

(Reuters) - Intel Corp <INTC.O> reported a 9.1 percent rise in quarterly revenue, helped by improving PC demand and growth in its data center and cloud businesses.

The world's largest chipmaker said net income rose to $3.38 billion, or 69 cents per shares, in the third quarter ended Oct 1, from $3.11 billion, or 64 cents per share, a year earlier.

The company's net revenue rose to $15.79 billion from $14.47 billion. (http://bit.ly/2eeVLzW)

(Reporting by Narottam Medhora and Rishika Sadam in Bengaluru; Editing by Maju Samuel)