Intel shares rose nearly 4% in U.S. premarket trading, according to data from MSX.COM. The move followed the company’s second-quarter revenue report, which showed a 25% increase and came in well above expectations. The report also said Intel kept its guidance pointing to strong growth. The update was cited by Odaily in a brief market note focused on premarket price action and the company’s quarterly performance. No additional figures were provided in the source beyond the premarket gain, the 25% revenue increase, and the note that guidance remained at a high-growth level.
Intel rose nearly 4% in U.S. premarket trading, according to MSX.COM data cited by Odaily.
The move came after the company reported a 25% increase in Q2 revenue, well above expectations, while maintaining guidance for high growth.
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