- Net revenue of $562 million; down 2 percent sequentially and down 3 percent from Q2 last year
- GAAP gross margin of 48.4 percent; Non-GAAP gross margin of 51.2 percent
- GAAP diluted EPS of $0.45; Non-GAAP diluted EPS of $0.61
The chipmaker is seeing the positives of the $37 billion Broadcom/Avago merger back in January 2016.
It's only now dawning on investors just how frozen our economy was before Donald Trump, and how quickly things are thawing, Cramer says.
If a rumor is right, Intel might further downsize its PC investments by letting AMD handle its GPU needs. Qualcomm, meanwhile, is hoping servers will help offset soft mobile growth.