Intel Corporation

INTC

US4581401001

Semiconductors

Market Closed - Nasdaq Other stock markets 04:00:00 2026-06-29 pm EDT			After hours 08:00:00 pm
131.72 ^USD	+2.65%		131.72	+0.00%

03:21am	ASUS Education And Intel Showcase AI-Ready Technology For K-12 Schools At ISTE+ASCD 2026	CI
02:03am	BIS dares to blaspheme as AI bubble fears wane: Mike Dolan	RE

Intel shares surge as AI drives first-quarter revenue jump

Published on 04/24/2026 at 03:32 am EDT - Modified on 04/24/2026 at 03:37 am EDT

Reuters

INTEL CORPORATION

+2.65%

NVIDIA CORPORATION

+1.27%

STORY: :: Intel Corporation

Intel shares surged Thursday after the company posted a jump in first quarter revenue on booming demand for its AI server processors.

The stock jumped 19% in extended trade, extending its 81% rebound so far this year.

First-quarter revenue came in at almost $13.6 billion, beating estimates.

The company also forecast second-quarter revenue of up to $14.8 billion, well above Wall Street expectations.

After missing out on the early years of the AI boom, a new opportunity has emerged for Intel in the form of advanced central processing units.

They're better suited to running AI agents than the graphics processing units that have so far been dominant in developing AI.

However, Intel's ability to meet demand still depends on whether it can continue to manufacture processors at scale without bottlenecks and supply issues.

Competition in the CPU space also looks set to mount, with rivals Nvidia, AMD and Arm all making plans for that market.

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Off-Hours Price	Change	5-day change	Capi.
	INTEL CORPORATION	131.72USD	+2.65%	-6.54%	662B
	NVIDIA CORPORATION	194.97USD	+1.27%	-6.56%	4,722B

Latest news about Intel Corporation

03:21am	ASUS Education And Intel Showcase AI-Ready Technology For K-12 Schools At ISTE+ASCD 2026	CI
02:03am	BIS dares to blaspheme as AI bubble fears wane: Mike Dolan	RE
Jun. 29	What's good for the US economy now may not be good for stocks	RE
Jun. 26	New Street Research Raises Intel Price Target to $122 From $100	MT
Jun. 26	AI's picks and shovels: the investment case moves down the value chain
Jun. 26	Tech Stocks Drag Down Equity Index Futures Pre-Bell Amid AI, Gulf Worries	MT
Jun. 26	The Shovel Gets Pricier on Wall Street
Jun. 26	Nasdaq set for sharp declines as chips slide again	RE
Jun. 26	Tech Stocks Drag Down Equity Index Futures Pre-Bell Amid AI, Gulf Worries	MT
Jun. 26	Tech Stocks Drag Down Equity Index Futures Pre-Bell Amid AI, Gulf Worries	MT
Jun. 26	Stocks Fall Pre-Bell as Tech Weakness Persists	MT
Jun. 26	Wall St futures fall as chip stocks resume slide after Micron-led rally	RE
Jun. 25	Intel Corporation(NasdaqGS:INTC) added to Russell Top 50 Index	CI
Jun. 25	Apple Doesn't Risk Customer Churn Following Price Increases, Wedbush Says	MT
Jun. 25	Apple Well Positioned to Lift Mac, iPad Prices Amid Memory Cost Surge, Wedbush Says	MT

Intel Corporation is the world leading manufacturer of semiconductor. Net sales break down by family of products and services as follows: - computing architectures products (69.7%): processors and microprocessors (Pentium, Intel Xeon brands, etc.), graphics cards, chips and motherboards, connectivity products, cellular modems, Ethernet controllers, network components, storage products, etc. for PCs, servers, data centers, cloud networks, workstations, notebooks, Internet of Things, graphics architectures, intelligent peripherals and communications infrastructures. The group also develops associated software; - wafer manufacturing services (25.3%): accelerators, monolithic chips, silicon wafers, etc. The group also offers chiplet software and mask manufacturing equipment for advanced lithography; - other (5%). Net sales (including intragroup) are distributed geographically as follows: the United States (29.8%), China (24%), Singapore (18.1%), Taiwan (14.5%) and other (13.6%).

Employees

85,100

Sector

Semiconductors

More about the company