business / news / / Benzinga
Intel delivered a stunning first quarter beat after the close, posting earnings of 29 cents per share on revenue of $13.58 billion.
Intel exceeded Q1 expectations with $0.29 EPS and $13.58 billion in revenue versus consensus.
KEY POINTS
- Intel's Q2 revenue guidance ranges from $13.8 to $14.8 billion, well above analyst forecasts.
- AMD and Arm stocks surged after Intel's results, reflecting broad semiconductor sector optimism.
- Intel's CEO cites rising AI inference workloads as key drivers for increased CPU demand.
COMPANIES
Summarized by Newsio from Benzinga. How we summarize →