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Intel Q3 2019 results

Intel beat Wall Street expectations on its third-quarter financial performance sending the company’s stock up 6.9% in morning trading Friday after the chipmaker reported late-Thursday afternoon. Intel reported its calendar Q3 2019, revenues were flat year-over-year and grew significantly quarter-to-quarter. The PC-centric business and data-centric revenue increased over 10% and 28%, respectively, over the last quarter. This was the best ...

Jon Peddie

Intel beat Wall Street expectations on its third-quarter financial performance sending the company’s stock up 6.9% in morning trading Friday after the chipmaker reported late-Thursday afternoon. Intel reported its calendar Q3 2019, revenues were flat year-over-year and grew significantly quarter-to-quarter. The PC-centric business and data-centric revenue increased over 10% and 28%, respectively, over the last quarter. This was the best quarter in Intel’s history – record company results, and data-centric revenue. We've been on a multiyear journey to reposition Intel’s portfolio to take advantage of the exponential growth of data. Our third-quarter financial performance underscores our progress as our data-centric
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