Intel (INTC) Stock Surges After Blowing Past Q2 Earnings Estimates
TLDR
- Intel reported Q2 EPS of $0.38 on revenue of $16.1 billion, beating estimates of $0.21 EPS and $14.43 billion revenue
- Q3 guidance of $15.8B–$16.8B topped the $15.06B Wall Street estimate
- Data center revenue hit $6.3 billion, ahead of the $5.54 billion estimate
- Intel stock has risen 178% year-to-date under CEO Lip-Bu Tan’s turnaround
- Google has placed an order with Intel Foundry to produce 3 million custom Tensor Processing Units
Intel (INTC) stock jumped more than 7% in after-hours trading Thursday after the chip maker posted a strong second-quarter earnings beat and offered an upbeat outlook for Q3.
Intel reported Q2 adjusted EPS of $0.38 on revenue of $16.1 billion. Wall Street had expected EPS of $0.21 on revenue of $14.43 billion. A year ago, Intel posted a loss of $0.10 per share on revenue of $12.9 billion.
Intel stock has climbed 178% since the start of 2026, though as of Thursday’s close it remained about 29% below its all-time closing high of $140.94, set on June 22.
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