Intel’s chip sales soar to $9 billion in third quarter of 2018, report says

Analyst firm IDC expects Intel to report earnings on Wednesday that will be higher than analyst consensus.

Key points:Intel said its chip sales rose by 7 per cent in the third quarter compared to the same period last year, and that the market for chips is expected to expand by 2 per centThis is a huge milestone for Intel, which is currently the most profitable company in the semiconductor industrySource: