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

Source: wallstreetcn.com Event types: Marketing/Whale
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%.

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