INTC: Intel Stock Jumps After Posting Strongest Earnings Since 2023

By Yahoo! Finance   |   1 month ago
INTC: Intel Stock Jumps After Posting Strongest Earnings Since 2023

Intel's shares surged 7% after beating profit expectations, reporting $0.23 EPS and $13.7 billion revenue. The chipmaker focuses on AI and data centers, with plans for capital spending. Analysts suggest a downside in stock price, cautioning on manufacturing upgrades.

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