Intel's Growth From Other Businesses Likely To Offset The Decline From Its PC Segment In Q3'16

Leading chipset maker Intel is set to report its Q3’16 earnings on October 18th. Despite a sharp decline in the PC sales in the last few years, the company has managed to hold its ground by continuously focusing on adapting its technology to alternate growth markets. While the company remains cautious about the PC segment and continues to guide to a decline in the high single digits this year, it expects the combined revenue of the other businesses to deliver double-digit growth in Q3 2016. Th...