Investing.com - Intel (NASDAQ:INTC) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Intel announced earnings per share of $1.28 on revenue of $18.53B. Analysts polled by Investing.com anticipated EPS of $1.07 on revenue of $17.8B.
Intel shares are up 12% from the beginning of the year and are trading at $55.97 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 15.92% from the start of the year.
Intel follows other major Technology sector earnings this month
Intel's report follows an earnings missed by Taiwan Semiconductor on Thursday, July 15, 2021, who reported EPS of $0.929 on revenue of $13.35B, compared to forecasts EPS of $0.9296 on revenue of $13.23B.
Accenture had beat expectations on Thursday, June 24, 2021 with third quarter EPS of $2.4 on revenue of $13.26B, compared to forecast for EPS of $2.24 on revenue of $12.81B.
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