Data-centric business drives Intel’s Q2 earnings, but stocks slip

Intel (INTC) reported a 78% jump in earnings for the second quarter helped by strong growth in data-centric business and improved operating margins. The top and bottom line came in above analysts’ expectations. Despite the chipmaker lifting its full-year forecast, the stock is trading down 4.29% in the after-market session. Earnings for the quarter rose … Continue reading Data-centric business drives Intel’s Q2 earnings, but stocks slip