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Intel stock soars 5% after announcing the $1 billion sale of its smartphone modem business to Apple and reporting numbers that crushed Wall Street est...
Intel is flying high after announcing a big $1 billion deal with Apple that will see it finally get out of the smartphone component business.
Intel dipped down over 6% after CEO Bob Swan said it’s ‘taking a more cautious view of the year’ as it slashes its earnings forecast...
One week after new CEO Bob Swan's surprise move to get out of the smartphone business, Intel reported its Q1 earnings. Stock fell 6% after the bell.
The company also raised its earnings per share guidance in the same press release, saying second quarter adjusted EPS will be "approximately $0.99" when it reports on July 26, higher than previously forecast $0.85.
Intel CEO Brian Krzanich says he's not worried about the second quarter slowdown in its data center business.
Intel reported its second quarter earnings after the bell on Wednesday afternoon.