WASHINGTON-Intel Corp. has reaffirmed its second-quarter revenue outlook of between $6.4 billion and $7 billion with a gross margin projection of 50 percent, according to its report filed with the Securities and Exchange Commission.
The company, however, expects its second-quarter revenue outlook to be less than the first quarter.
The company will spend between $2 billion and $2.1 billion on research and development for the quarter.