Intel shares jump 9% on earnings beat, uplifting guidance
Intel CEO Pat Gelsinger holds an artificial intelligence processor as he speaks during the Computex conference in Taipei, Taiwan, on June 4, 2024.Annabelle Chih | Bloomberg | Getty ImagesIntel shares rose 9% in extended trading on Thursday after the chipmaker reported better-than-expected revenue and issued quarterly guidance that topped estimates.Here's how the company did in comparison with LSEG consensus:Earnings per share: Loss of 46 cents adjustedRevenue: $13.28 billion vs. $13.02 billion e...
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