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Jim Cramer's Thoughts on Intel's Earnings

Video Credit: The Street - Duration: 01:06s - Published
Jim Cramer's Thoughts on Intel's Earnings

Jim Cramer's Thoughts on Intel's Earnings

Intel earnings were also released after the bell Thursday.

Adjusted earnings per share for the third quarter came in at $1.42, beating Wall Street's estimates of $1.33 and rising 1% year-over-year.

Revenue was $19.2 billion, beating analysts expectations of $18.048 billion.

Revenue was flat year-over-year.

Datacenter revenue was $6.4 billion, beating estimates of $5.6 billion.

Client Computing revenue was $9.7 billion, against expectations of $9.59 billion.

Internet of Things revenue was $1 billion, missing estimates of $1.124 billion.

Jim Cramer weighs in on the readthrough that Intel's earnings have for other semiconductor companies.

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