According to Intel, the company's second-quarter revenue was $16.13 billion, up 25% year over year, beating analysts' expectations of $14.43 billion. Revenue from the Data Center and AI segment reached $6.26 billion, surpassing the forecast of $5.54 billion. Adjusted earnings per share were $0.42, beating the expected $0.21.
According to data from MSX.COM, after the earnings release, Intel shares rose 3% in after-hours trading.