Intel Corp Shows Strong Q2 Results and Free Cash Flow – Shorting INTC Puts is Still the Best Play

Intel Corporation reported second-quarter results on July 23 that surpassed analyst expectations across multiple metrics. Revenue increased 25.4% year-over-year and came in 11.6% above consensus forecasts, with particularly strong performance in foundry production and data center products driven by artificial intelligence-related demand.
Earnings on a non-GAAP basis rose over 100% to $0.42 per share, exceeding the $0.20 analyst expectation. After accounting for a one-time payment related to acq