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Intel Saves The Tech Day, Sees 15-Year High For Sales Growth, "Unprecedented Demand"

Intel Saves The Tech Day, Sees 15-Year High For Sales Growth, "Unprecedented Demand" After a dismal day that saw tech stocks wrecked on the shores of hyperscalers' CapEx and inferred from Alphabet's earnings, tonight sees Intel's Lip-Bu Tan ride to the rescue with better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations.  Beat on the top- and bottom-line: Earnings per share: 42 cents, adjusted, versus 21 cents expected Revenue: $16.1 billion, versus $14.42 billion expected Upped Guidance: For the current quarter, Intel...
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