Intel Corporation Reports Q2 2024 Earnings and Revenue Results

Thursday, 1 August 2024, 20:05

Intel Corporation (NASDAQ: INTC) announced its financial results for the second quarter of 2024, revealing a revenue of $12.8 billion, slightly down from $12.95 billion in Q2 2023. Notably, the Client Computing segment showed a promising growth of 9%. Despite challenges, the earnings per share stood at $0.02. In conclusion, while Intel shows strong performance in certain areas, overall revenue reflects the competitive landscape of the semiconductor industry.
AlphaStreet
Intel Corporation Reports Q2 2024 Earnings and Revenue Results

Intel Q2 2024 Earnings Overview

On Thursday, semiconductor giant Intel Corporation (NASDAQ: INTC) released its earnings report for the second quarter of 2024.

Financial Highlights

  • Total revenue reached $12.8 billion.
  • This marks a slight decline compared to $12.95 billion in Q2 2023.
  • Client Computing revenue showed a growth of 9%.
  • Earnings per share were reported at $0.02.

Conclusion

While Intel is exhibiting growth in its key operational segment, challenges remain evident in the broader market context.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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