Intel posts record third-quarter revenue

The economy might be sputtering, nevertheless Intel is doing better than ever, until further notice judging by the company's third-quarter results announcement. The chipmaker claims to have broken several records: microprocessor units, revenues per share, revenues, and revenue. Intel CEO Paul Otellini sounds pretty enthused:

Looking at its individual business units, Intel says revenue 22% for its PC client group and 15% for its data center group.  Somewhat cryptically, it said revenue for its other Intel architecture groups surged 68% year over year, too. Revenue from Atom processors and chipsets continued to fall, in the meantime, tumbling 32% compared to the same quarter a year ago.

The fourth quarter

For the fourth quarter, Intel expects revenue in the $14.2-15.2 billion range, during gross margin should fall somewhere between 64% and 68%. If everything goes as it has foreseen, Intel could be setting itself up for but another record-breaking quarter. Too bad for AMD, which issued a warning on its third-quarter results last month.