After years of floundering in AI, Intel Corporation got a big break as the shift from training to agentic promised surging demand for its core data center CPU. For the upcoming earnings call, investors must be watchful for any hints on increasing capacity, as it implies strong demand for Intel's data center CPU and further foundry customer commitments. Lip-Bu Tan's venture capital background and recent initiatives gave me solid conviction that he is the ideal CEO for Intel as the company enters increased industry volatility.
Intel is slated to report earnings after the closing bell Thursday, with traders anticipating a sizable move from the chipmaker's stock following the results.
Intel Corporation INTC is scheduled to report second-quarter 2026 earnings after the closing bell on July 23. The Zacks Consensus Estimate for sales and earnings is pegged at $14.42 billion and 21 cents per share, respectively.
Intel Corp (NASDAQ:INTC, XETRA:INL) is expected to report its latest quarterly results after the market close Thursday, with Wedbush forecasting that the chipmaker could exceed consensus expectations as improving server demand, higher pricing and better-than-anticipated margin trends support results. Wedbush wrote that Intel's guidance points to more than 5% quarter-over-quarter sales growth, in line with current analyst expectations for the third quarter.
Taiwan Semiconductor Manufacturing (NYSE:TSM | TSM Price Prediction) and Intel (NASDAQ:INTC) both posted earnings exposing the widest capability gap in modern chipmaking.
Intel, one of the best-performing stocks in the S&P 500 Index this year, has lost momentum in recent weeks. The stock has fallen 32% from its year-to-date high and is hovering near its lowest level since May.
Wedbush expects Intel Corp (NASDAQ:INTC, XETRA:INL) to comfortably beat second-quarter expectations when it reports on Thursday, but has kept a 'neutral' rating and $60 price target, warning that the shares are more vulnerable to a shift in market sentiment than to the numbers themselves. The target sits 37% below the current $95 share price, and is based on around 40 times the broker's 2027 earnings estimate of $1.53, a multiple Wedbush acknowledges is well above Intel's historic norm and its peers.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Intel (INTC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2026.
The week of July 20 brings an avalanche of marquee earnings reports and with the artificial intelligence (AI) trade experiencing significant retrenchment, semiconductor stocks are under duress. That could put added focus on Intel (INTC), which reports quarterly results on Thursday, July 23.
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Intel (INTC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Intel is expanding its Google Cloud partnership to deploy generative AI across its workforce and speed chip development with advanced cloud computing.