Intel Returns to Profit as PC Rebound Lifts Chip Demand

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Intel Returns to Profit as PC Rebound Lifts Chip Demand
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Intel swung to a profit last quarter after two quarters of record losses, boosted by a turnaround in the personal-computer market

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Chip maker’s earnings surprise Wall Street after two consecutive quarters of record lossesAMD overtook Intel in market value last year, thanks in part to an expensive bet on chip design. WSJ’s Asa Fitch explains the companies’ battle for the brains of your computer.swung to a quarterly profit after two quarters of record losses, boosted by a turnaround in the

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