Intel Bucks Views; Net Rises 17 Percent

Intel Corp. reported its sixth record quarter of sales in a row, shrugging off worries about a softening PC market and benefiting from strength in notebook PCs, emerging markets and its business products.

The bellwether chip supplier’s results come during tough times in the semiconductor sector, with rivals, including rival Advanced Micro Devices Inc., cutting their outlooks. While concerns about slowing PC sales have persisted, the Santa Clara, Calif., company continues to surpass expectations and outpace the growth in the overall PC market.

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