Intel’s third quarter results were better-than-expected as its data center group delivered record revenue that was up 26 percent from a year ago.
The chip giant reported net income of $6.4 billion, or $1.38 a share, on revenue of $19.2 billion, up 19 percent from a year ago. Non-GAAP earnings were $1.40 a share.
Wall Street was expecting Intel to report third quarter non-GAAP earnings of $1.15 a share on revenue of $18.4 billion.