Shares of Intel (INTC) surged more than 16% in after-hours trading following a strong first-quarter earnings report that exceeded expectations on both revenue and profitability. The semiconductor giant also issued better-than-expected guidance for the second quarter, further boosting investor confidence.<\/p>\n\n\n\n
Intel reported adjusted earnings per share of $0.29 on revenue of $13.6 billion, significantly beating Wall Street estimates of $0.01 EPS and $12.36 billion in revenue. The results marked a notable improvement from the same quarter last year, when the company posted $0.13 EPS on $12.67 billion in revenue. The upside was largely driven by strength in Intel\u2019s Data Center and AI segment, which generated $5.1 billion in revenue\u2014well above expectations of $4.41 billion.<\/p>\n\n\n\n
Looking ahead, Intel expects second-quarter revenue between $13.8 billion and $14.8 billion, far surpassing analyst forecasts of $13.03 billion. The strong outlook reflects accelerating demand tied to artificial intelligence infrastructure, particularly as the industry shifts toward AI agents and inference-based workloads.<\/p>\n\n\n\n
CEO Lip-Bu Tan emphasized that the next phase of AI will increasingly rely on CPUs, an area where Intel has a long-standing advantage. While GPUs from competitors remain dominant for training large AI models, CPUs are critical for running real-world applications such as data processing, web interactions, and enterprise workflows\u2014making them essential for scaling AI adoption.<\/p>\n\n\n\n
Despite the strong performance, Intel acknowledged ongoing supply constraints, particularly as demand continues to outpace production. Additionally, a broader memory chip shortage is weighing on the PC market, which is expected to decline in unit shipments this year.<\/p>\n\n\n\n
Still, with six consecutive quarters of revenue beating expectations and growing traction in AI, Intel appears to be regaining momentum and carving out a meaningful role in the evolving semiconductor landscape.<\/p>\n\n\n\n
You might like this article:Skillz Gains as Legal Blow Hits Rival Papaya Gaming<\/mark><\/p>\n","protected":false},"excerpt":{"rendered":" Data center strength and upbeat guidance signal growing momentum in the AI era Shares of Intel (INTC) surged more than 16% in after-hours trading following a strong first-quarter earnings report that exceeded expectations on both revenue and profitability. The semiconductor giant also issued better-than-expected guidance for the second quarter, further boosting investor confidence. Intel reported […]<\/p>\n","protected":false},"author":1,"featured_media":1787,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"jnews_post_split":[],"footnotes":""},"categories":[482,361,312,311,310],"tags":[577,420,421,597,416,418,484,392,417],"coauthors":[453],"class_list":["post-10021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","category-large-cap","category-semiconductors","category-software","category-technology","tag-amd","tag-earnings","tag-growth","tag-intc","tag-movers","tag-news","tag-nvda","tag-semiconductors","tag-stock-market"],"yoast_head":"\n