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

Odaily Planet Daily News: Intel Corporation reported second-quarter revenue of $16.13 billion, up 25% year-over-year, compared to an estimate of $14.43 billion. Second-quarter data center and artificial intelligence (AI) revenue was $6.26 billion, compared to analysts' estimate of $5.54 billion. Second-quarter adjusted earnings per share (EPS) were $0.42, compared to analysts' estimate of $0.21. The company expects third-quarter revenue between $15.8 billion and $16.8 billion, compared to analysts' estimate of $15.06 billion. The company expects third-quarter adjusted earnings per share of $0.38, compared to analysts' estimate of $0.27. (Wall Street Journal)

According to MSX.COM data, Intel surged after-hours, with shares rising as much as 13%; gains have since narrowed to 3%.