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Intel Server Sales Jump 78%, Q4 Outlook Dims: Rapid Earnings Reaction

Source: fool.com

Corporate EarningsCorporate Guidance & OutlookCompany Fundamentals
Intel Server Sales Jump 78%, Q4 Outlook Dims: Rapid Earnings Reaction

Intel's data center revenue jumped 78%, while operating income from the business roughly tripled. The company forecast lower Q4 revenue, gross margin, and earnings than in the current quarter, tempering the positive segment performance.

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