Intel Shares Surge as Q1 Results and Outlook Exceed Expectations

55 articles · Updated · Yahoo Finance · Apr 23

Intel shares soared over 12% after the company reported first-quarter results that surpassed Wall Street expectations.
The chipmaker posted adjusted earnings of $0.29 per share on revenue of $13.58 billion, both beating analyst forecasts.
Despite a $3.7 billion net loss, Intel's strong data center growth and optimistic guidance signal renewed momentum amid the AI-driven chip market.

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