Intel Q3 Revenue Guidance Surges 10% Above Expectations
2026-07-24 07:51

Woofun AI reports that Intel issued third-quarter revenue guidance ranging from $15.8 billion to $16.8 billion, exceeding the analyst consensus of $15.1 billion. This projection underscores robust momentum in the data center segment, where customer demand for AI computing chips accelerated sales by 59% in the previous quarter. Second-quarter revenue totaled $16.13 billion, surpassing market expectations of $14.43 billion. Following the disclosure, Intel shares initially jumped 13% in after-hours trading before settling at a 3.48% gain.

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