Intel stock surges on huge Q1 earnings & Q2 guidance beat
Intel (INTC) reported first quarter results on Thursday after the closing bell. Adjusted earnings per share (EPS) came in at $0.29 (compared to analyst estimates of $0.01), and revenue came in at $13.6 billion (compared to analyst estimates of $12.36 billion). Intel's second quarter revenue guidance also beat Wall Street's expectations. Yahoo Finance's Josh Lipton and Dan Howley take a closer look at the breaking numbers.