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stocksJul 23, 2026, 8:17 PM

Intel Q2 Revenue Beats Estimates by $1.7B, Stock Jumps 11% After Hours

Intel reported Q2 revenue of $16.1 billion, well above the $14.4 billion expected, marking its fastest sales growth in nearly 15 years. Shares surged 11% in after-hours trading.

INTC

Intel Corporation delivered a strong earnings beat for the second quarter, posting $16.1 billion in revenue against the $14.4 billion consensus estimate. This represents the company's fastest year-over-year sales growth in almost a decade and a half.

Following the announcement, $INTC shares jumped approximately 11% in extended trading. The semiconductor giant's performance exceeded market expectations, though specific segment details or forward guidance were not disclosed in this brief update.

The strong results come amid a broader rebound in PC and data-center demand, though Intel continues to face competitive pressure from rivals like AMD and Nvidia.

Source: Cointelegraph