We are halfway through Q2, Otellini told investors. In terms of our order pattern and our billing pattern, it's a little better than expected, he said.
Otellini added that second-quarter sales are dependent on the month of June, but so far, so good.
Shares of Intel rose 4 percent to $15.80 in after-hours trading, from their Nasdaq close of $15.21.
(Reporting by Clare Baldwin; Editing by Steve Orlofsky)