Intel Stuns Market with Surprise Quarterly Profit Amid PC Market Slump
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Tech giant Intel (INTC.O) has defied expectations by posting a surprising quarterly profit, signaling a potential turnaround in the PC market. The slump in PC sales that plagued the industry over the past year is beginning to ease, and as a result, inventories have started to diminish. Canalys data shows that PC shipments only fell by 11.5% in the June…