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Woofun AI reports that Intel Corporation delivered second-quarter revenue of $16.13 billion, marking a 25% year-over-year increase and surpassing analyst consensus of $14.43 billion. Data Center and AI segment revenue reached $6.26 billion, exceeding the $5.54 billion estimate, while adjusted earnings per share came in at $0.42, double the projected $0.21.
The company forecast third-quarter revenue between $15.8 billion and $16.8 billion, beating the $15.06 billion estimate, alongside an adjusted EPS outlook of $0.38 versus the expected $0.27. Following the announcement, Intel shares rallied in after-hours trading, climbing as much as 13% before settling at a 3% gain.