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Intel Earnings Beat
Description
Intel beat Q1 estimates with adjusted EPS of 29 cents on $13.58B in revenue, up from $12.67B a year ago. CEO Lip-Bu Tan said rising AI inference and agentic system demand is driving CPU and advanced packaging needs. Q2 guidance of 20 cents EPS and $13.8B–$14.8B in revenue both exceeded expectations. Shares rose 50% in April and gained 14.85% to $76.71 in extended trading.
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