Intel beats Q2 earnings estimates, posts strongest revenue growth in 15 years
INTC Intel Corp
$95.37 -2.80%
View chart & analysis → - 1Intel (INTC) reported adjusted EPS of 42 cents for the second quarter, well above the market consensus of 21 cents.
- 2The company said the quarter's revenue growth was the fastest since 2011, and issued raised guidance for the next quarter with revenue of $15.8 billion to $16.8 billion and adjusted EPS of 38 cents.
- 3CEO Lip-Bu Tan said AI is driving unprecedented demand for computing, but the company once again did not disclose a major foundry customer.
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