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$INTCsurged +11% after reporting better-than-expected Q2 earnings.
Q2 Results:
- Revenue: $16.13Bvs $14.42Best
- Adjusted EPS: $0.42vs $0.21est
- Gross Margin: 41.8% vs 38.76% est
Q3 Guidance also strong:
- Revenue: $15.8B– $16.8B(above $15.10Best)
- Adjusted EPS: $0.38(above $0.27est)
Intel is showing clear signs of recovery. Strong beat across the board.