Intel recorded its fastest revenue growth in 15 years in the second quarter of 2026, with revenue up 25% year-over-year and a 59% increase in its data center and AI business, driven by surging demand …
Intel forecast quarterly profit and revenue above estimates on Thursday, pushing its shares up 10% in after-hours trade, as an AI data centre buildout increases demand for its central processing units…
Intel posted its strongest revenue growth in more than 15 years, with second-quarter revenue of $16.1 billion, up 25% year over year, and adjusted earnings of $0.42 per share, nearly double Wall Stree…
Intel reported its strongest revenue growth in more than 15 years for the second quarter ended June 30, driven by accelerating AI demand, with Q2 revenue of $16.1 billion, up 25% year-over-year, and n…
Intel Corporation reported second-quarter 2026 financial results with sales rising 25%, driven by AI demand. CEO Lip-Bu Tan said the quarter represents the company's strongest revenue growth in more t…
Intel reported adjusted earnings per share of $0.42 for the second quarter, beating analyst expectations of $0.22, while revenue rose to $16.1 billion, above the forecast $14.4 billion. The company gu…
Intel is cutting an undisclosed number of jobs in its Data Center and AI Group, the division responsible for Xeon server processors and AI chips, despite the unit posting $5.05 billion in Q1 2026 reve…
Intel reports Q2 2026 earnings today, with analysts expecting about $14.4 billion in revenue and adjusted earnings of roughly $0.22 a share, as the company's stock has surged roughly 180% in 2026. The…
Intel and AMD have signed multi-year supply commitments with Chinese data centre customers as server CPU prices surge, with some products posting month-on-month increases of more than 10% and certain …
Intel is preparing new job cuts in its Data Center and AI Group, the latest in a years-long reduction that has eliminated about 40% of its workforce, dropping global headcount from roughly 132,000 in …
Intel and AMD are pushing Chinese server customers into multi-year CPU purchase commitments as server CPU prices in China have surged more than 40% since the start of 2026, according to Reuters. The p…
Intel confirmed layoffs in its Data Center and AI Group on July 21, two days before its Q2 earnings call, even as the unit posted $5.05 billion in revenue last quarter, up 22% year-over-year. CEO Lip-…
Intel confirmed on Tuesday that it will cut an unspecified number of jobs in its data center and AI group as part of a broader restructuring under CEO Lip-Bu Tan, with shares rising up to 8 percent in…
Intel is cutting more jobs in its Data Center and AI Group as part of a restructuring effort to boost efficiency, despite the unit posting $5.1 billion in revenue in Q1 2026, up 22% year-over-year. CE…
Intel's stock closed at $109.84 on July 10, down 22.84% from its 52-week high of $142.35 on June 30, as AMD's data-center revenue surged 57.2% to a record $5.78 billion in Q1 2026, surpassing Intel's …
Intel is spending €5 billion ($5.7 billion) to retool its Leixlip campus in County Kildare, Ireland, for AI chip production, upgrading the site to manufacture Xeon 6 and next-generation Xeon processor…
SambaNova Systems, an AI chip startup founded in 2017, is in acquisition talks with Intel at a potential deal value of about $1.6 billion, according to reports from Wired and Bloomberg, contradicting …
SambaNova is closing in on a funding round of up to $1 billion at a valuation near $10 billion, roughly five times its valuation from four months ago. Intel CEO Lip-Bu Tan confirmed the talks, highlig…
Intel pivoted toward energy-efficient AI inference hardware at Computex on June 2, betting that rising data center power consumption will drive demand for Xeon-based systems over Nvidia's training GPU…
Intel Corporation appointed Seok-Hee Lee as executive vice president of Intel Foundry to lead advanced packaging and system integration, reporting to CEO Lip-Bu Tan. Lee, former CEO of SK On and SK hy…