Intel reports Q2 revenue down 15% YoY to $12.9B, Data Center and AI revenue down 15% YoY to $4B, and forecasts Q3 revenue above estimates; INTC jumps 6%+

Intel reports Q2 revenue down 15% YoY to $12.9B, Data Center and AI revenue down 15% YoY to $4B, and forecasts Q3 revenue above estimates; INTC jumps 6%+

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Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Intel reported second-quarter earnings…

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