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Intel reported second-quarter revenue of $16.1 billion, up 25% year-over-year, its fastest quarterly growth since 2011. Data center revenue jumped 59% to $6.3 billion, driven by AI demand. Adjusted earnings per share were 42 cents, beating expectations of 21 cents. The stock rose 11% in extended trading.
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Summary by ByteBrief
Intel Shares Jump 12% on Cash Generation