Intel shares jump despite smartphone fears

Help

The world's largest chipmaker, Intel, has seen shares jump after it posted a 29% jump in first quarter profit.

Analysts had been worried by the fact the firm's processors are not popular with smartphone and tablet manufacturers.

But it seems Intel is still benefiting from the devices popularity because of the demands they put on internet servers which are powered by its chips.

Caroline Hepker reports.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.