Intel (INTC) earnings report Q2 2026
Intel reported strong second-quarter 2026 financial results, exceeding revenue and earnings expectations driven by high demand for AI server processors. Despite a recent stock slump, the company is securing long-term supply agreements to manage growth.
Why it matters
Intel's performance is a key indicator of the health of the semiconductor industry and the broader AI infrastructure market.
Intel reported better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations. The stock rose about 4% in extended trading.
Here's how the chipmaker did versus LSEG consensus estimates
Intel shares are up over 170% so far in 2026 as of Thursday's close after soaring 84% last year, when the U.S. government took a 10% stake in the company as part of an effort to support U.S. chip manufacturing. However, the stock has been in a slump more recently, dropping 28% in July.
Despite the recent downturn, the company is getting a boost from the artificial intelligence infrastructure boom, which is helping sales of its server processors. Intel's 25% revenue growth was the fastest for any period in almost 15 years .
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