Intel results exceed Street, capex jumps

SAN FRANCISCO (Reuters) - Intel Corp's quarterly results modestly beat Wall Street's expectations as it faces a tough PC market, and the chipmaker said it was sharply increasing its capital expenditures in an apparent bid to speed up its entry into tablets and smartphones.

Source: http://feeds.reuters.com/~r/reuters/technologyNews/~3/ZxcrrUbIUbU/us-intel-idUSTRE80I27620120119

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