Intel Reports Fastest Revenue Growth in 15 Years, Shares Surge

SentiSense · Published Jul 23, 2026, 4:01 PM ET · Updated Jul 24, 2026, 3:47 AM ET

Intel posted its strongest revenue growth in 15 years, driven by its data center and AI business, which grew 59% year-over-year. The company's shares rose 11% in after-hours trading after reporting adjusted earnings of $0.42 per share, exceeding Wall Street expectations. Intel's revenue reached $16.1 billion, a 25% increase from the previous year.

Intel has experienced its fastest revenue growth in 15 years, as reported in the company's second-quarter results. The growth is attributed to the strong performance of its data center and AI (DCAI) business, which saw a 59% year-over-year increase. The company's shares surged in after-hours trading, reflecting the positive earnings.

The $16.1 billion in revenue is a 25% increase from the previous year's result. Intel's adjusted earnings per share (EPS) of $0.42 surpassed the FactSet estimate of $0.22 and $0.21 as estimated by LSEG. This significant improvement in earnings led to a 11% jump in the company's stock price in extended trading. Intel's performance is particularly notable given the recent 28% drop in the stock price in July.

The strong results are a testament to Intel's efforts to capitalize on the artificial intelligence (AI) infrastructure boom. The company's focus on developing AI technologies has yielded positive outcomes, driving revenue growth and investor confidence. While Intel's guidance for the third quarter is more conservative, the company's second-quarter performance offers a reassuring tone for investors.