Technology giant Intel has reported better than expected revenue for its second quarter.
The world leader in computer chip production raised $10.8 billion in the three months leading up to 26 June.
The firm's net income was $2.9 billion, which compares favourably with the $389m loss recorded in the same period last year.
That loss was attributed to a $1.4 billion fine imposed on the company by the European Commission.
The chip maker, which is one of Ireland's biggest multinational employers, has estimated its revenue in the third quarter will be $11.6 billion, exceeding the $10.92 billion expected by analysts.
However, that predicted figure does have a margin of error of plus or minus $400 million.
