Intel's 2015 revenue outlook beats Street expectations

— 6:00 AM on November 21, 2014

2014 has been a good year for Intel so far, and the company's winning streak may continue into 2015. At its annual investor meeting yesterday, Intel shared its revenue guidance for the coming business year. The chipmaker says it expects growth "in the mid-single digits" for 2015.

As Reuters reports, that revenue forecast is higher than what Wall Street analyst were expecting. On average, the expectation was for 3.4% revenue growth in 2015.

That's not all Intel shareholders have to celebrate. The chipmaker's board has also okayed a cash dividend hike from 90 cents to 96 cents per share. Shareholders will reap the rewards of that change starting with next quarter's cash dividend.

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