Intel Revenues Jump 25 Percent

Intel announced that it earned a net loss of $11 million on revenues of $16.1 billion in the quarter ending June 27, 2026. Revenues were up 25 percent year-over-year (YOY).

“AI is driving unprecedented demand for compute, and as we continue to execute, Intel is well-positioned to capture sustainable growth across our CPU franchise, ASICs, advanced packaging, and vast wafer foundry network,” Intel CEO Lip-Bu Tan said. “Our Q2 results represent our strongest revenue growth in more than fifteen years, enabled by greater speed, accountability, and customer focus.”

Intel saw revenue growth across all its major business units in the quarter.

• Client Computing and Physical AI Group: Revenues of $8.9 billion, up 13 percent YOY.31 percent. This was formerly named the Client Computing Group.
• Data Center and AI: Revenues of $6.3 billion, up 59 percent YOY.
• Intel Foundry: Revenues of $5.8 billion, up 31 percent YOY. Note that all of these revenues come from Intel.

Beyond those core businesses, “All other” reported a revenue decline of 33 percent to $700 million. Intel declared a $5.5 billion loss from “intersegment eliminations,” and it raised its target for AI infrastructure spending this year to $20 billion

Wall Street loves the appearance of a winner, and Intel’s stock jumped 11 percent in after-hours trading despite the company still not having a single major customer for any of the modern manufacturing processes provided by its Foundry business.