Intel is trading at $103.84 (+3.60%) in pre-market after Q2 earnings beat expectations and 18A manufacturing yields surged to 85%.

  • Q2 revenue rose 25% to $16.1 billion, while EPS doubled analyst estimates.
  • Management issued Q3 revenue guidance of $15.8 billion–$16.8 billion and non-GAAP EPS of $0.38.