Intel fell 5% in morning trading
Intel slides ss earnings underwhelm despite raising guidance.Intel is currently undergoing a dramatic transformation, and as such its just completed quarter is hardly indicative of what to expect as investors will instead be more focused to what the company projects for the future. That said, moments ago INTC reported revenue and earnings which both handily beat expectations, while the company also guided higher. Here are the key Q2 numbers:. Adjusted revenue $18.53 billion,beatingthe estimate