STOCKS NEWS EUROPE-Infineon seen up on Intel results

Wed Jul 15, 2009 7:36am BST
 
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Shares in German chipmaker Infineon (IFXGn.DE) are indicated 2.9 percent higher, boosted by better-than-expected results from Intel Corp (INTC.O), the world's largest chipmaker.

A trader says that Infineon is benefiting from the good results.

Intel projected third-quarter revenue at $8.1 billion to $8.9 billion, compared with analysts' average forecast of $7.8 billion, according to Reuters Estimates. For more double click on [ID:nLF25037]

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