U.S. Markets closed

Intel’s Investment in Advanced Technologies Generate Cash Flow

Paige Tanner
Intel’s Investment in Advanced Technologies Generate Cash Flow

Intel (INTC) is seeing strong growth from its data-centric business, which is driving its revenues and profits in dollar terms. Its operating cash flow rose 18.0% sequentially and 57.5% YoY (year-over-year) to $7.4 billion in the second quarter. Intel’s second half is stronger than its first half in terms of revenues and cash flows as seasonal demand increases.