Intel reported better than expected second quarter earnings today, buoyed on stronger than expected sales from its PC client, data center, and internet of things groups. The company also offered up a forecast for its next quarter that came in ahead of what many were expecting, suggesting a recovery for what's been a declining PC business. Intel reported second quarter earnings of $2.8 billion, or 55 cents per share on revenue of $13.8 billion. Leading the way, as usual, was the company's PC client group, which pulled in $8.7 billion in revenue and set a new quarterly record for unit sales.
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