Intel Gains After Merrill Upgrades Shares, JPMorgan Says Demand is `Fine'

(Bloomberg) -- Intel Corp. gained as much as 2.4
percent after Merrill Lynch & Co. recommended that investors buy
shares of the world's largest semiconductor maker and increased
its earnings estimates for the company in 2008.

In a separate note by JPMorgan, Intel Chief Financial
Officer Andy Bryant told analysts that demand for its computer
chips was ``fine'' so far this year.


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