Intel posted blockbuster first-quarter net income of $3.2 billion, up 29 percent over the same period last year. Revenue came in at $12.8 billion, up 25 percent year-over-year.
Earnings per share were 56 cents (and 59 cents non-GAAP). Analysts had been expecting 46 cents a share.
In the same period last year, the chipmaker's revenue was $10.3 billion, or 43 cents per share. Last year's first-quarter profit was $2.4 billion.
"The first-quarter revenue was an all-time record for Intel fueled by double-digit annual revenue growth in every major product segment and across all … Read more