The $16.1 billion quarter came from the business Intel had already written off.Intel reported second-quarter revenue of $16.13 billion on 23 July, up 25 per cent year on year and its fastest quarterly growth since 2011. Data Centre and AI revenue climbed 59 per cent to $6.26 billion, and that segment's operating income rose from $633 million to $2.47 billion in twelve months. Analysts had modelled $14.45 billion in revenue and adjusted earnings of $0.22 a share. Intel delivered $0.42. The business that produced the quarter was the server processor line the market had spent three years pricing for decline.About The AuthorAt heart, I am a storyteller drawn to the watershed moments that bend the technology landscape. I braid narrative with data, humanise statistics, and trace the arc from first spark to world-changing impact. My reportage, features and reviews are witty, sardonic, visual and vivid, using anecdote to illuminate rather than eviscerate.
As a technology journalist with over sixteen years of experience, I have travelled the world and the seven seas, covered every major tech conference worth its lanyard, chronicled the defining breakthroughs of the last decade and a half, and played a pivotal role in launching some of India’s most important technology publishing platforms across web, print and TV.
