Intel's Earnings Breakout: Can AI Power a Lasting Revival?

Intel reported a stronger-than-expected second quarter, with revenue of 16.13 billion dollars and adjusted earnings of 42 cents per share, marking its fastest revenue growth in over 15 years. Its Data Center and AI segment surged 59 percent year-on-year to 6.3 billion dollars, while the foundry division generated 5.77 billion dollars in revenue. Upbeat Q3 guidance of 15.8 to 16.8 billion dollars in revenue and 38 cents EPS, well above estimates, sent shares sharply higher in after-hours trading.