Intel posted $16.1 billion in Q2 2026 revenue on Thursday, a 25 percent jump from the same period last year, driven largely by its artificial intelligence business. The chipmaker's earnings per share doubled what Wall Street analysts had predicted, sending a clear signal that its bet on AI hardware is paying off.
AI segment leads the charge
The company's AI division grew 59 percent year-over-year during the quarter, making it the fastest-growing part of Intel's portfolio. Executives have leaned heavily into AI-focused processors and data center chips, and the numbers suggest that strategy is gaining traction with cloud providers and enterprise customers.
EPS shocker
Intel's earnings per share came in at double the consensus estimate, though the company did not break out the exact figure in its initial release. The beat reflects both higher revenue and disciplined cost management, according to internal financial documents reviewed by GFdaily. Investors reacted positively in after-hours trading.
The Q2 results mark a turnaround from recent years of flat growth and supply chain headaches. With AI demand showing no signs of slowing, Intel is expected to provide a Q3 revenue forecast when it holds its earnings call later this month. The big question: can it keep the AI momentum going while fending off competition from AMD and Nvidia?
