Intel Beats Revenue by $1.7B, Posts Best Growth in 15 Years, Yet Stock Falls 11%
INTC has more than doubled off its 52-week low of $18.965.
Summary
Intel delivered a massive revenue beat — $16.1B vs. estimates, $1.7B above consensus — and its best growth in over fifteen years. The data center and AI unit surged 59% to $6.3B, and adjusted EPS hit $0.42. Despite this, the stock plunged 11% after hours. The selloff likely reflects the $12.5B non-cash charge from the U.S. government equity stake disclosed in yesterday's 8-K, which drove a reported net loss of $11B, overshadowing operational strength. This follows a series of high-profile wins — Apple chip manufacturing, Google TPU contract, and Trump administration stake — that had already pushed shares to record highs. The market is now digesting the accounting impact of the government deal against strong fundamental execution. Watch for management commentary on the call about the charge's one-time nature and forward cash flow guidance.
At the time of this announcement, INTC was trading at $91.55 on NASDAQ in the Technology sector, with a market capitalization of approximately $464B. The 52-week trading range was $18.97 to $142.35. This news item was assessed with negative market sentiment and an importance score of 9 out of 10. Source: Binance News.