Chip monster Intel is upping its guidance for the third quarter - the day arch-rival AMD launches its Barcelona chip.

Better than expected sales means Intel now expects to make revenues of between $9.4bn and $9.8bn compared to previous predictions of between $9.0bn and $9.4bn.

Intel expects margins to be on the high side - about 52 per cent give or take a couple of points. All other estimates are unchanged.

Intel will report its official figures 16 October 2007. The company warns that its move to 45nm production, pricing pressure, government action or other events could undermine the increase.

There's more here.®

Related stories

• Exclusive IBM fails to ship even the most meager four-core Opteron box (6 November 2007)
• Intel snaps up Dublin gaming firm (17 September 2007)
• Analysis AMD's tier one partners sing homage to Barcelona (11 September 2007)
• AMD finally goes native with Barcelona (10 September 2007)
• Intel to drop bottom-of-the-range gaming CPU (10 September 2007)
• Intel cans first-gen Core chips (10 September 2007)
• Intel chops mobile CPU prices, intros Core 2 Solo line (7 September 2007)
• Intel schedules quad-core mobile CPUs for H2 '08 (6 September 2007)