Intel Corp. stock INTC, +0.55% surged 7% after the Dow Jones Industrial Average DJIA, -0.67% component reported results that showed PC and data-center sales beat expectations.
Intel posted a return to profit in the second quarter of the year. The company has an ambitious road map to compete with the world's biggest chipmaker TSMC.
Intel reported second-quarter earnings on Thursday, and showed a return to profitability after two straight quarters of losses.
Intel Corporation (NASDAQ:INTC ) Q2 2023 Results Conference Call July 27, 2023 5:00 PM ET Company Participants John Pitzer - Corporate VP, IR Pat Gelsinger - CEO David Zinsner - CFO Conference Call Pa

Intel Second Quarter Revenue Tops Estimates

08:44pm, Thursday, 27'th Jul 2023
Intel Corp. shares are jumping in after-hours trading after a bullish revenue forecast indicating a comeback may be underway in demand for computer chips. Su Keenan reports on Bloomberg Television.
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Intel Corp. has some major opportunities in the arms race to power artificial intelligence, but its ability to hit the gas will be key.
Intel still sees some weakness in its data center segment.
Intel (INTC) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to earnings of $0.29 per share a year ago.
The chip maker's earnings surprise Wall Street after two consecutive quarters of record losses.
Yahoo Finance Live's Seana Smith checks out the action surrounding stocks trending in the after-hours trading session which include Intel, Sweetgreen, and Mondelez on July 27, 2023.
Intel Corporation (NASDAQ: INTC) just reported a surprise profit for its fiscal second quarter. Shares are up 8.0% in after-hours.

Intel stock pops on Q2 earnings beat, guidance

05:40pm, Thursday, 27'th Jul 2023
Wedbush Securities SVP Matt Bryson tells Yahoo Finance Live spoke with Yahoo Finance anchors Seana Smith and Akiko Fujita about the Intel stock earnings and the outlook for the stock and company.
Matt Bryson, Wedbush Securities, joins 'Closing Bell: Overtime' to discuss Intel earnings and his hold rating for the stock.
Intel stock is up 6% after the company reported Q2 earnings. Is the stock a buy right now, or is it too soon to jump in?
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