Reuters

(Reuters)

Intel Revenue Rises Marginally

Technology Reuters

Intel Corp <INTC.O> reported a marginal rise in quarterly revenue, reversing two quarters of declines, as growth in its data center business more than offset weak sales to PC makers.

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The world's largest chipmaker net income fell to $3.61 billion, for the fourth quarter ended Dec. 26, from $3.66 billion, a year earlier. 

On a per share basis, earnings were flat at 74 cents.

Net revenue rose to $14.91 billion from $14.72 billion.

The fourth quarter of 2015 marked the fifth consecutive quarter of worldwide PC shipment decline, according to Gartner.

(Reporting by Anya George Tharakan in Bengaluru; Editing by Sriraj Kalluvila)

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