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
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Intel bumped its 2026 capex forecast by $2 billion and said it plans to tap capital markets for additional funds.
European equity indexes largely edged higher in early trade after sharp selling in the last session, and oil pared some recent gains.
By Stella Qiu SYDNEY, July 24 (Reuters) - Asian shares sank on Friday as a near 40% rise in oil prices this month due to the intensifying conflict in the Gulf revived inflation fears, rattling bond
Intel Corp (INTC) reports robust financial performance, driven by AI advancements and strategic partnerships, despite industry supply challenges.
Markets were primarily focused on earnings from major companies, alongside rising oil prices due to the continued tensions between the U.S. and Iran.
Intel reported 25% YoY sales growth on the back of favorable AI compute demand trends, reflecting the highest growth rate we've seen from the company in more than a decade.
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
Shashua has been invited to take the chairman of the board seat.
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 ...
Now an AI player, the chip maker is riding strong demand from data centers and hasn’t felt the worst of the memory-chip squeeze.
Chipmaker Reports Strongest Revenue Growth in More Than 15 Years
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 smashed Wall Street's targets for the second quarter and with its guidance for the third quarter. Intel stock jumped on the news.
Data Center and AI revenue climbed 59%, while stronger factory yields supported higher chip volumes. A mark-to-market charge tied to government escrowed shares produced an $11 billion GAAP net loss.
The Nasdaq undercut key levels as Google and Tesla led titans lower while oil prices soared. A big SpaceX launch is due.
Intel (INTC) reported second-quarter results ahead of Wall Street's estimates late Thursday, with th
AI-driven demand for server chips powered Intel's data center business to 59% growth, lifting total revenue to $16.1 billion

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.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.
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 is expected to post stronger Q2 results, but semiconductor sentiment and valuation remain key investor concerns.
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 (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 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.