Intel Corporation - Q2 2023 Intel Corporation Earnings

• Second-quarter revenue of $12.9 billion, down 15% year over year (YoY).
• Second-quarter earnings per share (EPS) attributable to Intel was $0.35; non-GAAP EPS attributable to Intel was $0.13.
• Second-quarter results on the top and bottom line exceeded the high end of guidance; company continues to execute strategy with momentum across process and product technology and foundry.
• Forecasting third-quarter 2023 revenue of approximately $12.9 billion to $13.9 billion; expecting third-quarter EPS attributable to Intel of $0.04; non-GAAP EPS attributable to Intel of $0.20.

Earnings Release