π§ Intel $INTC rebounds toward $95 after Friday's -8% meltdown despite 15-year record revenue
INTC is clawing back Monday after dropping nearly 8% Friday despite posting its fastest quarterly revenue growth since 2011 β Q2 revenue hit $16.1B (+25% YoY), with AI/data center up 59% and EPS doubling analyst estimates. Investors punished the stock over surging foundry capex and unanswered questions about external chip customers, not the results themselves. Now bargain hunters are stepping in near $95. Not financial advice. Beat by a mile and still got punished β does Intel deserve more credit for this turnaround?
β‘ 47 buzzing
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