intel Third Quarter 2007 Business Update

Intel has updated its third-quarter revenue and gross margin expectations. Revenue is now expected to be between $9.4 billion and $9.8 billion, compared to the previous range of $9.0 billion to $9.6 billion. Gross margin is expected to be in the upper half of the previous range of 52 percent plus or minus a couple points. All other expectations remain unchanged and Intel will report third-quarter financial results on October 16. The document outlines various risk factors that could affect Intel's actual results.