Yesterday's Intel Q1 results and management commentary confirm a strong year for x86-based Data Center (DC) CPUs, implying double-digit unit growth ahead, validating robust growth for x86 CPUs. AMD's x86-based EPYC CPUs are further set for robust demand, accounting for 41.3% of the DC CPU market share & on track to achieve a 50% share target. Intel's commentary echoes recent industry updates and strongly positions AMD to benefit from robust demand, putting upward pressure on AMD's anticipated 73% DC growth rates this year.
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In a particularly dramatic chapter of its months-long recovery, Intel (NASDAQ: INTC) stock soared 19.92% in the April 22 after-hours from the latest closing price of $66.78 to $80.10.
Intel shares could see their best post-earnings performance on record and finally surpass their 2000 closing high amid a “CPU renaissance.”
Although the revenue and EPS for Intel (INTC) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
After positive earnings releases from peer semiconductors like Texas Instruments, Taiwan Semiconductor, and ASML, it was Intel's turn to further support the notion that the semiconductor industry is doing just fine amid the recent volatility.
Intel (INTC) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.13 per share a year ago.
Intel's stock is soaring after the latest promising evidence of a turnaround for the chipmaker.
Intel (NASDAQ: INTC) shares are ripping higher in extended hours after the semiconductor giant reported a blockbuster Q1 and issued impressive guidance for the future. While revenue at $13.6 billion came in up a steady 7% on a year-over-year basis – the real catalyst was a massive bottom-line beat; $0.29 a share against just a penny per share expected by the Street.
Intel Corp (NASDAQ:INTC, XETRA:INL) shares rose more than 14% afterhours as the company's first quarter earnings came in ahead of Wall Street expectations and it issued better-than-expected guidance for the current quarter. For the second quarter of 2026, Intel forecast revenue between $13.8 billion and $14.8 billion, above Wall Street expectations of about $13 billion.
Intel is set to report earnings after the closing bell today, with the chipmaker's stock seen potentially swinging to its highest level in decades following the results.
Wedbush believes Intel (INTC) shares may be priced to perfection as investors pile into the stock on bullish AI and foundry expectations. Marley Kayden previews the company's earnings after Thursday's closing bell and weighs it against valuations and growing optimism.