AICNBC Techabout 2 hours ago
Intel posts fastest revenue growth in 15 years
1 min read
Intel reported second-quarter revenue of $16.1 billion, up 25% year-over-year, its fastest growth since 2011. Adjusted earnings per share hit 42 cents, beating estimates. The stock jumped 11% in extended trading. Data center revenue surged 59% to $6.3 billion, while client computing rose 13% to $8.9 billion. Gross margin recovered to 42%.
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