By FDI Creative Services on 07/27/2017
Category: Security News

Intel second quarter revenue rises 9.1 percent

(Reuters) - Intel Corp, the world's largest chipmaker, reported a 9.1 percent rise in quarterly revenue, helped by strength in its data center and personal computer businesses.

The company's net income rose to $2.81 billion, or 58 cents per share, in the second quarter ended July 1 from $1.33 billion, or 27 cents per share, a year earlier. (bit.ly/2h6LbO2)

Profit in the prior-year quarter was hurt by a charge of $1.41 billion related to Intel's cost-cutting drive.

Revenue rose to $14.76 billion from $12.53 billion.

Reporting by Ismail Shakil in Bengaluru; Editing by Maju Samuel

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