Intel reported Q2 revenue of $16.13 billion, exceeding the $14.42 billion analyst estimate, with adjusted earnings of 42 cents per share. The company forecast Q3 revenue between $15.8 billion and $16.8 billion and adjusted profit of 38 cents per share, both above consensus. Shares had declined more than 25% from the June 22 record close despite a year-to-date gain exceeding 170%.