In 1Q26, Intel's revenue grew by 7.18% due to strength in the company's DCAI and foundry segments; client computing group remains flat, up only 1% y/y. Intel's DCAI segment will remain as the company's main growth engine due to agentic artificial intelligence and higher demand for more inferences, resulting in the need for more CPUs. Although Intel's foundry segment has developed substantially, the segment is still bleeding money and does not contribute meaningfully to the topline; most of the revenue are internal.
The big players have shown up to the quantum computing race, and the results could be disastrous for smaller names. IBM Corp. NYSE: IBM notched two big wins in recent weeks, securing $1 billion in foundry funding from the federal government and leaning into quantum R&D with $10 billion in planned internal investments.
Intel (NASDAQ: INTC) has become one of the market's strongest comeback stories in 2026, with investors increasingly betting the chipmaker can establish itself as a major player in the artificial intelligence infrastructure boom.
Wall Street can't stop talking about Intel (NASDAQ:INTC | INTC Price Prediction), the once-faded chipmaker now sporting a 168.75% year-to-date rally on the back of an NVIDIA $5 billion equity injection, a U.S.
Is Intel's stock ready to resume its winning streak?
Intel (INTC) surges as Google and Nvidia consider it for advanced AI chip manufacturing, with Google reportedly ordering over 3M TPUs for 2028. Corning (GLW) rallies on a multiyear fiber-optic deal with Amazon to support U.S. datacenter growth and supply chain resilience.
Intel has been racking up deals in the Big Tech universe, and the company may be adding two more high-profile customers to its roster.
INTC is revamping for AI PCs and data centers, but LSCC's low-power FPGA focus and growth outlook tip the scales.
Intel (INTC) shares are pushing higher on Monday after The Information said Google and Nvidia are turning to the semiconductor firm as a vital manufacturing backup to TSMC. INTC now looks headed to challenge is 20-day moving average (MA), with a decisive break above $115 expected to accelerate bullish momentum in the near-term.
Shares of Intel (NASDAQ:INTC | INTC Price Prediction) are up 12% in early Monday trading, climbing to $111.
Intel stock leads the S&P 500 higher after sinking 11% on Friday. The AI trade is picking up momentum again after last week's selloff.
Intel (NASDAQ: INTC) stock rose nearly 10% on Monday, June 8, following reports that Google (NASDAQ: GOOGL) and Nvidia (NASDAQ: NVDA) are considering the company as a backup processor manufacturer.