Intel Reports Q2 Revenue of $16.13B, Up 25% YoY; Stock Rises 3% After Hours

INTC-2.27%

According to Intel, the company reported second-quarter revenue of $16.13 billion, up 25% year-over-year and exceeding analyst expectations of $14.43 billion. Data center and AI revenue reached $6.26 billion, surpassing forecasts of $5.54 billion. Adjusted earnings per share came in at $0.42, versus the expected $0.21.

Intel shares rose 3% in after-hours trading following the earnings announcement, according to MSX.COM data.

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