ACM

Intel earnings turns surprise Q2 profit with $12.9B in revenue as AI drives growth

Intel reported that its second-quarter revenues and profits were above expectations, as the chip giant saw significant growth in AI-related chip sales. On a non-GAAP basis, Santa Clara, California-based Intel reported net income of $500 million, or 13 cents a share, compared with a profit of $1.1 billion, or 28 cents a share, a year 
Intel reported that its second-quarter revenues and profits were above expectations, as the chip giant saw significant growth in AI-related chip sales. On a non-GAAP basis, Santa Clara, California-based Intel reported net income of $500 million, or 13 cents a share, compared with a profit of $1.1 billion, or 28 cents a share, a year earlier, on rev…Read More

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