Oct 24 (Reuters) - Intel Corp INTC.O raised its full-year revenue forecast on Thursday, easing concerns about a long-drawn slowdown in demand that has also been fueled by the U.S.-China trade war.
The company now expects fiscal year 2019 revenue of $71 billion, up from its earlier forecast of $69.5 billion.
(Reporting by Munsif Vengattil in Bengaluru and Stephen Nellis in San Francisco Editing by Saumyadeb Chakrabarty)
((Munsif.Vengattil@thomsonreuters.com; Twitter: @MunsifV; +91 80-30495009;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.