Intel Corporation's second-quarter revenue reached $16.13 billion, a year-over-year increase of 25%
2026-07-23 23:56
Odaily Planet Daily News: Intel Corporation's second-quarter revenue reached $16.13 billion, a year-over-year increase of 25%, compared to the estimate of $14.43 billion. The Data Center and Artificial Intelligence (AI) business generated $6.26 billion in revenue in Q2, surpassing analysts' expectations of $5.54 billion. Second-quarter adjusted earnings per share (EPS) were $0.42, exceeding the analyst estimate of $0.21. The company forecast Q3 revenue of $15.8 to $16.8 billion, beating the analyst estimate of $15.06 billion, and expects Q3 adjusted EPS of $0.38, above the estimate of $0.27. (Wall Street Insights)
According to MSX.COM data, Intel's stock rose in after-hours trading, climbing as much as 13% before paring gains to 3%.
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