Intel's second-quarter profit surged past the dismal earnings reported in the same period last year.
For the quarter, which ended period ended June 26, Intel earned $2.9 billion, or 51 cents a share, one of the biggest profit showings in its history. And it was a stark contrast with the loss of $398 million, or 7 cents per share, posted a year ago. Last year's results were pushed down by a $1.45 billion charge as a result of a European Commission antitrust fine.
Analysts had been expecting second-quarter earnings of 43 cents per share.
Revenue for … Read more