Intel Stock Surges on Strong Earnings
Intel Corp shares rose by around 8% on Friday after the tech giant reported its third-quarter earnings the previous day. The chipmaker reported revenue of $14.16 billion, beating Wall Street estimates of $13.53 billion.
Earnings per share for the three months ending September was 41...
Intel Shares Rise After Reporting Unexpected Profit
Intel reported a surprise second-quarter profit on Friday, sending shares in the company higher by 6%. The company's strong performance was unexpected given the recent slump in the PC market as a whole.
Revenue fell by 15% to $12.9 billion from $15.3 billion a year...
Intel Expected to Report Sales Slump in Q1 Earnings Report
Chipmaker Intel is set to release its earnings for the first fiscal quarter after the opening bell on Thursday, with analysts largely expecting the struggling chip giant to report a drop in revenue after facing declines in its PC sales as well as a...