INTC - Intel Corporation today reported second-quarter revenue of $12.8 billion, operating income of $2.7 billion, net income of $2.0 billion and EPS of $0.39. The company generated approximately $4.7 billion in cash from operations, paid dividends of $1.1 billion, and used $550 million to repurchase 23 million shares of stock.
Last Friday, Intel CEO Pat Gelsinger told CNBC he thinks the chip shortage will last into 2024.
The Radeon RX 6500M outperforms the Intel Arc A370M in AMD benchmarks. This week, Intel unveiled its Arc laptop GPUs, which featured the A370M from the Arc 3
AMD has a larger market cap than Intel for the first time in history. Since its initial Zen architecture in 2017, AMD's fortunes have improved dramatically.
