Intel (INTC) earnings report Q2 2026

Key Points:

• Intel reported stronger-than-expected Q2 results with adjusted EPS of 42 cents versus 21 cents expected and revenue of $16.1 billion surpassing the $14.42 billion forecast, marking its fastest revenue growth since 2011.
• The company’s shares rose about 4% in after-hours trading, despite a recent 28% slump in July, and have gained over 170% in 2026 following significant government investment to support U.S. chip manufacturing.
• Intel’s growth is driven by booming AI infrastructure demand, boosting server processor sales and resulting in 25% revenue growth, the fastest in nearly 15 years; the company also secured 10 long-term server CPU agreements amid supply constraints.
• For Q3, Intel projects adjusted EPS of 38 cents and revenue between $15.8 billion and $16.8 billion, exceeding analyst expectations, while capital expenditures are set to increase significantly next year to expand manufacturing capabilities.
• The data center business grew 59% to $6.3 billion, outpacing the 13% growth in the client computing segment, and gross margin improved to 42% due to scale benefits and higher-margin chip sales.