Intel stock is trending. What’s pulling on INTC shares?
Intel Q2 Earnings HighlightsIntel posted second-quarter revenue of $16.13 billion, beating analyst estimates of $14.42 billion. The company reported second-quarter adjusted earnings of 42 cents per share, doubling estimates of 21 cents per share, according to Benzinga Pro.Total revenue in the quarter was up 25% on a year-over-year basis. Here’s a breakdown of revenue by category:
Client Computing and Physical AI Group: $8.9 billion, up 13% year-over-year
Data Center and AI: $6.3 billion, up 59% year-over-year
Intel Foundry: $5.8 billion, up 31% year-over-year
