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Ina Fried Jan 25
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Intel easily tops earnings estimates despite declining PC market

Intel CEO Brian Krzanich
Intel CEO Brian Krzanich (Photo: Intel)

Intel reported quarterly earnings on Thursday that handily beat estimates and also said it would boost its dividend to shareholders. Growth in chips for data centers helped offset its declining core business powering personal computers.

Why it matters: In addition to a long-slumping PC business, Intel is also dealing with the impact from a massive chip vulnerability.