RENEE MONTAGNE, Host: NPR's business news starts with Intel's strong results.</s>RENEE MONTAGNE, Host: The company says last quarter's gains were driven largely by businesses buying new server systems. Many companies had frozen spending during the recession; Intel says it's planning a big boost in its own spending, on new factories and equipment.
The world's leading computer chipmaker blew past forecasts and said recent quarterly profits were nearly 50 percent higher than last year. Intel provides the chips that go into PCs and laptops. Now it wants to make sure it's the leading provider of chips for new products like tablets and smart phones.