Intel Corp. (INTC) reported first quarter non-GAAP net income of $0.56 per share after the bell Tuesday, down from $0.58 per share last year. The consensus estimate was for EPS of $0.50. Revenues rose to $12.91 billion from $12.85 billion in the prior year. The consensus estimate was for $12.84 billion. Second quarter revenues are expected to be $13.6 billion, plus or minus $500 million. The consensus estimate is for $13.43 billion. The stock is now down 0.80 on 5.9 million shares.
Intel traded in a range for the majority of Tuesday's session and closed up by 0.06 at $28.47 on above average volume. The stock closed challenging the upper end of a one-month range at the highs of the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.