Intel misses Q2 earnings forecasts despite higher revenue, as major investors adjust holdings.

AlphaCore Capital LLC and Forsta AP Fonden have significantly increased their holdings in Intel Corporation, while Chicago Partners Investment Group LLC has reduced its shares. Intel reported a Q2 EPS of ($0.10), missing analysts' expectations by ($0.11), with a consensus "Hold" rating and a price target of $22.17. The company's revenue was $12.86 billion, surpassing expectations of $11.88 billion, but faced a negative return on equity and net margin. Intel designs and manufactures a range of computing products.