Semiconductor industry leader Intel Corp. (NASDAQ: INTC – $23.29) reported mixed results for the June quarter. On the plus side, share net came in at $0.39, which was on par with Street consensus. But revenues were roughly $12.8 billion, slightly below estimates. PC Client Group revenue was $8.1 billion, a 1.4% sequential improvement, though down 7.5% from last year. Also, Data Center group revenue comparisons were up about 6%, to $2.7 billion, from the March period, and were roughly flat year over year. Other Intel Architecture sales were $942 million, representing a 2% sequential improvement, though decreasing 5% from last year’s comparable period. However, the news is not all that good going forward. Management gave third-quarter revenue guidance of $13.5 billion, plus or minus a couple of percentage points, while analysts were hoping for something closer to $13.75 billion, as the guidance continues to reflect a bumpy domestic economic recovery along with sluggish demand trends in the personal computer market. However, I continue to believe that Intel has the size and strength to reap notable market share in the years ahead as it moves more into the mobile and tablet markets. Samsung Electronics confirmed that it was using an Intel chip in one of its Android tablets. Hence, Intel shares can remain as a core long-term holding for investors seeking technology exposure with a solid income stream. The shares yield 3.7% at current levels.