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Intel Beats Wall Street Expectations
Intel ၏ အမြတ်ငွေ မြင့်တက်

Intel has beaten Wall Street expectations for its September-quarter profits. The turnaround comes as CEO Lip-Bu Tan’s aggressive cost-cutting measures begin to pay off, strengthening the chipmaker’s finances amid a wave of major investments. Shares of the Santa Clara–based tech giant jumped 7 percent in after-hours trading following the announcement. This marks Intel’s first earnings report since receiving multibillion-dollar backing from Japan’s SoftBank and an unprecedented U.S. government stake in the company.

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