Intel Corp.
(NASDAQ:INTC) delivered its strongest revenue growth in more than 15 years on Thursday, but the stock slipped Friday in volatile trading.
The chipmaker reported a 25% revenue jump to $16.1 billion against estimates of $14.4 billion, with adjusted earnings of 42 cents per share doubling the 21 cents expected.
Data center revenue rose 59% to $6.3 billion, and third-quarter guidance came in well above consensus.
Shares jumped as much as 12% after hours before reversing Friday, down over 6% and trading near $94.
