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Intel reports best ever quarter

Intel has reported second quarter revenue of $10.8billion, up 34% year-on-year. The company reported operating income of $4bn and net income of $2.9bn.

"Strong demand from corporate customers for our most advanced microprocessors helped Intel achieve the best quarter in the company's 42 year history," said Paul Otellini, Intel president and ceo. "Our process technology lead plus compelling architectural designs increasingly differentiate Intel-based products in the marketplace. The pc and server segments are healthy and the demand for leading edge technology will continue to increase for the foreseeable future."