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Intel CEO Lip-Bu Tan Eyes $100 Billion Custom AI Chip Market, Backs $20 Over Billion CapEx Push Amid 'Unprecedented Demand for Compute'
Benzinga12d agoneutral
Intel CEO Lip-Bu Tan Eyes $100 Billion Custom AI Chip Market, Backs $20 Over Billion CapEx Push Amid 'Unprecedented Demand for Compute'

Intel Corp. (NASDAQ:INTC) is targeting a staggering $100 billion market for custom artificial intelligence silicon, leveraging its robust x86 computing franchise and advanced manufacturing network as global AI demand skyrockets. The Custom Silicon Push During Intel’s second-quarter 2026 earnings call, CEO Lip-Bu Tan outlined the company’s strategic expansion into purpose-built chips. Recognizing the growing necessity for specialized AI architecture, Tan highlighted Intel’s unique position to dom

Intel Q2 Earnings Call Highlights
MarketBeat13d agoneutral
Intel Q2 Earnings Call Highlights

Intel (NASDAQ:INTC) executives said the company delivered another quarter above its financial outlook, as demand for client and data center products continued to exceed available supply and management moved to increase capital spending to support future growth. Chief Executive Lip-Bu Tan said secon

Intel and AMD just got leverage they haven't had in years
TheStreet13d agoneutral
Intel and AMD just got leverage they haven't had in years

Intel and Advanced Micro Devices are signing longer-term purchase agreements with Chinese server customers as data center processor prices surge, according to a Reuters report citing people familiar with the talks. Server CPUs have spent years as the dependable, easy-to-source layer of an AI data ...

Investing.com13d agoneutral
AMD, Arm gain after hours following blowout results from Intel

The print, which also included adjusted EPS of $0.42 against a consensus of $0.21, represented Intel's fastest revenue growth in nearly 15 years and triggered an immediate halo effect across the semiconductor space. Advanced Micro Devices (NASDAQ: AMD) and Arm Holdings (NASDAQ: ARM) are direct beneficiaries: both compete and, in AMD's case, increasingly cooperate with Intel in the server CPU market that is driving the current demand surge, and a strong Intel quarter raises the revenue ceiling fo

Intel's PC business will be dictated by AI data center momentum: CFRA
Yahoo Finance Video13d agoneutralVIDEO
Intel's PC business will be dictated by AI data center momentum: CFRA

Intel (INTC) stock is surging by over 11% in Thursday's extended hours after smashing second quarter expectations, reporting adjusted earnings of $0.42 per share (vs. estimates of $0.21) and revenue of $16.1 billion (vs. estimates of $14.43 billion). CFRA Research senior vice president and equity analyst Angelo Zino dives into Intel's earnings release and what he can garner about the trajectory of the company's PC business.

Investing.com13d agobullish
Intel jumps 10% after AI-fueled quarter crushes estimates, upbeat outlook

Investing.com -- Intel shares surged more than 10% in extended trading on Thursday after the chipmaker reported its strongest quarterly revenue growth in more than 15 years, easily beat Wall Street estimates for second-quarter earnings and revenue, and issued a stronger-than-expected sales forecast as booming AI demand accelerated its turnaround.

Intel (NASDAQ:INTC) Delivers Impressive Q2, Inventory Levels Improve
StockStory13d agoneutral
Intel (NASDAQ:INTC) Delivers Impressive Q2, Inventory Levels Improve

Computer processor maker Intel (NASDAQ:INTC) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 25.4% year on year to $16.13 billion. On top of that, next quarter’s revenue guidance ($16.3 billion at the midpoint) was surprisingly good and 7.8% above what analysts were expecting. Its non-GAAP profit of $0.42 per share was 93.1% above analysts’ consensus estimates.

Intel second quarter earnings top estimates on AI-driven demand growth
Proactive13d agoneutral
Intel second quarter earnings top estimates on AI-driven demand growth

Intel Corp (NASDAQ:INTC, XETRA:INL) shares jumped nearly 11% in after-hours trading after the chipmaker reported second quarter results that exceeded Wall Street expectations, driven by stronger demand across its data center and client computing businesses and a better-than-expected outlook for...

Intel's Q2 earnings blow past Wall Street's estimates, with an upbeat Q3 outlook to boot
Yahoo Finance Video13d agobullishVIDEO
Intel's Q2 earnings blow past Wall Street's estimates, with an upbeat Q3 outlook to boot

Intel (INTC) reported impressive second quarter results on Thursday after the closing bell. Earnings per share (EPS) came in at $0.42 (compared to analyst estimates of $0.21), and revenue came in at $16.1 billion (compared to analyst estimates of $14.43 billion). Yahoo Finance's Josh Lipton takes a closer look at the breaking numbers.

Intel sales, profit forecast beat estimates, boosts spending plans on AI boom
Reuters13d agobullish
Intel sales, profit forecast beat estimates, boosts spending plans on AI boom

Intel forecast quarterly profit and revenue above estimates on Thursday, boosting its spending plans over the next two years as an AI data center buildout increases demand for its central processing units (CPUs). Shares of Intel, which ‌closed down 2.3% on Thursday, rose 5% in after-hours trading. Adjusted profit is expected to be 38 cents per share, compared with analyst estimates of 27 cents.