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Intel Beats Q2 Earnings Expectations, Posts 9% Stock Gain

2026-07-23 20:07:19

INTC-2.27%

Intel reported Q2 revenue of $16.13 billion today, exceeding analyst expectations of $14.43 billion. The company's data center and artificial intelligence segment generated $6.26 billion in revenue, surpassing projections of $5.54 billion. Adjusted earnings per share reached $0.42, significantly above the expected $0.21. For Q3, Intel guided revenue between $15.8 billion and $16.8 billion. Intel's stock rose 9% in after-hours trading following the announcement.

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