Intel Corporation reported second-quarter revenue of $16.13 billion, a 25% increase year-over-year

Odaily reported that Intel Corporation's second-quarter revenue was $16.13 billion, up 25% year-over-year, compared to estimates of $14.43 billion. Second-quarter Data Center and AI revenue was $6.26 billion, surpassing analyst estimates of $5.54 billion. Second-quarter adjusted earnings per share (EPS) was $0.42, exceeding analyst estimates of $0.21. The company expects third-quarter revenue between $15.8 billion and $16.8 billion, compared to analyst estimates of $15.06 billion. The company anticipates third-quarter adjusted EPS of $0.38, exceeding analyst estimates of $0.27. (Wall Street CN)

According to MSX.COM data, Intel shares surged in after-hours trading, rising as much as 13% before gains narrowed to 3%.