Intel Q2 Revenue Jumps 25% to $16.1B, Guides Above Street; Shares Surge 9%
INTC has more than doubled off its 52-week low of $18.965.
Summary
Intel delivered a strong Q2 with revenue of $16.1 billion, up 25% year-over-year and well above the $14.42 billion consensus. Adjusted EPS swung to $0.42 from a loss a year ago, driven by surging AI and data center demand. The company guided Q3 revenue to $15.8–$16.8 billion and non-GAAP EPS of $0.38, both ahead of expectations. Shares jumped 9.2% after hours, adding to a year of dramatic gains fueled by government investment and major foundry wins with Apple and Google. This quarter marks a clear inflection in Intel's turnaround, with manufacturing yields improving and AI-driven compute demand accelerating. The results validate the strategic shift toward becoming a leading foundry, though the stock already trades at 75 times forward earnings, reflecting high expectations.
At the time of this announcement, INTC was trading at $112.15 on NASDAQ in the Technology sector, with a market capitalization of approximately $503.8B. The 52-week trading range was $18.97 to $142.35. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.