Intel forecast ​second-quarter revenue above Wall Street expectations on Thursday, underscoring booming demand for the company's server processors used for artificial intelligence in data centers.

Intel (INTC) reported first quarter results on Thursday after the closing bell. Adjusted earnings per share (EPS) came in at $0.29 (compared to analyst estimates of $0.01), and revenue came in at $13.

Intel (INTC) shares rose more than 12% in extended trading on Thursday after the semiconductor company reported first-quarter results and guidance that were well above Wall Street's forecast. For the period ending March 28,

Intel (INTC) options price a ~10% post-earnings move as traders brace for volatility, with straddles implying a $59–$71.5 range—read the setup now.