Intel rises on upbeat quarterly revenue, profit forecast

INTC•2026-07-23

Second-quarter results beat estimates

Intel reports Q2 revenue of $16.13 billion, beating estimate of $14.42 billion.

Q2 adj. profit of 42 cents per share also ahead of the estimate of 21 cents.

INTC shares have more than doubled so far this year.

Shares rise on revenue and profit outlook

Intel's INTC.O shares rise 8% to $108.80 in extended trading.

INTC expects Q3 revenue to be between $15.8 billion and $16.8 billion, with the midpoint above analysts' average estimate of $15.10 billion - data compiled by LSEG.

Q3 adj. profit is expected to be 38 cents per share, compared with an estimate of 27 cents.

"AI-driven compute continues to strengthen, and to support expected growth this year and next across products and foundry, we are meaningfully increasing our investments in equipment, clean room space, and substrates" - CFO Dave Zinsner

Intel rises on upbeat quarterly revenue, profit forecast

Second-quarter results beat estimates

Shares rise on revenue and profit outlook

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