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 SAN JOSE, Calif. (AP) - Intel Corp. said Tuesday its second-quarter profit jumped 44 percent on strong sales of microprocessors even as the company faced fierce competition that pushed prices lower.
After hitting a new 52-week high during regular session trading, Intel's stock fell more than 4 percent in after-hours trading.
The Santa Clara-based chip maker's net income for the three months ended June 30 was $1.28 billion, or 22 cents per share, compared with $885 million, or 15 cents per share during the same period last year.
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