Intel Beats Q2 Estimates as AI Demand Lifts Revenue 25%

Intel reported second-quarter revenue of $16.1 billion, up 25 per cent year-on-year and ahead of estimates, driven by strong AI-related demand for processors and foundry services.

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IANS Verified Media or Organization • 30 Jun, 2026 Agency
Jul 27, 2026 • 4:00 PM  1  0
Last Edited By: Raaisha Upadhyay (57 minutes ago)
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Intel Beats Q2 Estimates as AI Demand Lifts Revenue 25%
“Intel Beats Q2 Estimates as AI Demand Lifts Revenue 25%”
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Intel Beats Q2 Estimates as AI Demand Lifts Revenue 25%
Intel Beats Q2 Estimates as AI Demand Lifts Revenue 25%

New Delhi, July 27 (IANS) Chipmaker Intel reported stronger-than-expected second-quarter results, with revenue rising 25 per cent year-on-year, driven by robust demand for artificial intelligence (AI)-powered computing, data centre processors and foundry services, a report has said. 

As per analysis of the Vietnam Times, the company posted revenue of $16.1 billion for the quarter ended June, up from $12.9 billion a year earlier and ahead of its own guidance as well as analysts' expectations of around $15.1 billion.

On a non-GAAP basis, Intel reported net income of $2.2 billion or 42 cents per share, compared with a loss of $400 million in the year-ago period, it added.

IANS Verified Media or Organization • 30 Jun, 2026 Agency

Indo-Asian News Service or IANS is a private Indian news agency

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