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Microprocessor maker Intel reported its largest quarterly revenue ever for the third quarter of this year. For the first time, the company's third-quarter revenue exceeded $11bn, ending with an 18-percent improvement year-over-year to $11.1bn. Intel's net income was $3bn for the three months, or $52 earnings per share.

The fastest growth rate was shown in sales of processors for servers and mobile devices.

Paul Otellini, president and CEO of Intel, said the third-quarter results set all-time revenue and operating income records. "These results were driven by solid demand from corporate customers, sales of our leadership products and continued growth in emerging markets," he said in a statement.

"Looking forward, we continue to see healthy worldwide demand for computing products of all types and are particularly excited about our next-generation processor, codenamed Sandy Bridge, and the many new designs around our Intel Atom processors in everything from the new Google TV products to a wide array of tablets based on Windows, Android and MeeGo operating system."

Intel's Data Center Group revenue was up three percent sequentially, with record sales of server microprocessors in the third quarter. The only other division that brought the same growth rate was the PC Client Group, whose revenue jump was attributed to mobile-microprocessor sales.

The company spent $3.2bn on research and development and mergers and acquisitions during the quarter.

Intel's fourth-quarter revenue outlook is $11.4bn, plus or minus $400m. The company plans the same level of R&D and M&A investment as in the third quarter.