“There should be a very clear positive reaction in the (Nokia) share,” says Jari Honko, analyst at Swedbank in Helsinki, adding that the Intel report was in line with expectations of a “very strong” cellphone market in the first quarter.
Intel shares rose 4 percent in after-hours trading. “Dreams are arising about a recovery in the entire technology sector,” Saxo Bank says in a note.
Thomas Weisel Partners Equity Research says in a note that “robust demand from the mobile computing market” was among factors behind Intel’s “better-than-guidance and better-than-seasonal quarter”. For more double click on [ID:nN1382801] [ID:nLDE63C2CJ] [ID:nLDE63D041]
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