Intel (NASDAQ:INTC) reported second-quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The semiconductor giant reported earnings of $1.06 a share on revenue of $16.51 billion. Analysts polled by had forecast Intel would earn 89 cents a share on revenue of $15.67 billion. A year ago, Intel earned $1.04 on revenue of $16.96 billion. In the first quarter, Intel said it had earned 89 cents cents on revenue of $16.06 billion.
Intel shares gained 5.5% after hours to $55.83 after the report's release. It had fallen 1.4% in regular trading.
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