Intel’s stock soars 15% as results top estimates, with chipmaker showing signs of growth
The chipmaker topped analyst estimates on earnings and revenue, and second-quarter guidance also exceeded forecasts as investors bet on a turnaround.
- Shares of Intel jumped 15% in after-hours trading Thursday, as the company reported Earnings that blew past Wall Street expectations.
- The Trump administration championed Intel last year to bolster domestic manufacturing, following Revenue declines in five of the past seven quarters.
- Intel reported EPS of 29 cents against one cent expected, while Revenue reached $13.58 billion, topping LSEG estimates of $12.42 billion.
- Investment from Nvidia and SoftBank helped Shares rise more than 80% this year as of Thursday's close, signaling strong institutional backing.
- Intel expects second-quarter Revenue between $13.8 billion and $14.8 billion with an adjusted EPS of 20 cents, as the Intel Xeon CPU launches in the first half of 2026.
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All the market looks point to Intel. The US firm's action reached a new historic peak in premarket after reporting far above expected results, driven by a significant improvement in its margins and superior performance on its main business lines.The well-known processor and microprocessor manufacturer for computers surprised the market by exceeding both revenue and profit forecasts.According to Ignacio Mieres, head of research by XTB, Intel also…
Intel’s revival is real: $13.6B in Q1
Q1 revenue of $13.6 billion beat the $12.4 billion consensus by 9.4%. Data Centre and AI revenue rose 22% to $5.1 billion. Non-GAAP EPS of $0.29 beat the 1-cent consensus by a factor of 29. The stock is up more than 80% this year. Intel is working with Elon Musk on his planned Terafab chip […] This story continues at The Next Web
Intel surprises the stock market: the share increases by 20 percent in a few hours, driven by AI numbers and new optimism. The former problem case benefits from an earlier decision – and political support.
Intel's Earnings Report Shows How the CPU Has Found Its Way to the AI Boom.
Key PointsIntel's first-quarter revenue rose 7% year over year.The company's data center and AI business grew much faster than its overall business.The stock has already had a huge run this year.10 stocks we like better than Intel › Shares of Intel (NASDAQ: INTC) surged in extended trading Thursday after the semiconductor company reported first-quarter results that were far better than Wall Street expected. For a company that has spent years try…
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