Investing.com - Intel reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Intel announced earnings per share of $1.09 on revenue of $19.53B. Analysts polled by Investing.com EPS of $0.9042 on revenue of $18.33B.
Intel 's are down 0% and is trading at $51.69 , still down 24.52% from its 52 week high of $68.48 set on Monday, April 12, 2021.
Intel follows other major Information Technology sector earnings this month
Intel's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.48 on revenue of $51.73B, EPS of $2.31 on revenue of $50.65B.
Taiwan Semiconductor had beat expectations on Thursday, January 13, 2022 with fourth quarter EPS of $1.16 on revenue of $15.85B, for EPS of $1.12 on revenue of $15.69B.
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