Strength in PCs leads Intel to raise Q3 revenue guidance

The PC market is showing signs of recovery, with Intel increasing its revenue guidance based on improved chip shipments.The chip maker has raised its revenue guidance for the third quarter to $15.6 billion, plus or minus $300 million, an improvement from $14.9 million, plus or minus $500 million.That's due to PC makers replenishing laptop and desktop inventory, which means Intel is shipping out more chips. It's likely in anticipation of the holiday season, when PC shipments rocket."The company i