Intel shares pop 12% on earnings beat, uplifting guidance
1. Intel shares jumped 12% after better-than-expected revenue. 2. Intel reported a net loss of $16.99 billion this quarter. 3. Collaboration with Qualcomm was discussed amidst market share losses. 4. Data Center and AI segment revenue rose by 9% to $3.35 billion. 5. Restructuring and impairment charges totaled $18.7 billion.