INTEL CORP 8K

Intel Corporation reported strong Q2 2026 revenue growth and improved non-GAAP profitability driven by AI and foundry momentum, while GAAP results were weighed down by a large non-operating Escrowed Shares charge, and issued Q3 2026 guidance and capacity expansion plans.

On July 23, 2026, Intel Corporation released its second-quarter 2026 financial results, reporting $16.1 billion in revenue, up 25% year-over-year, with GAAP diluted EPS of $(2.16) driven largely by a substantial non-operating loss tied to CHIPS Act Escrowed Shares, while non-GAAP diluted EPS was $0.42, reflecting improved gross and operating margins and strong AI-related demand across its Client Computing and Physical AI Group, Data Center and AI, and Foundry businesses. The company highlighted significant business momentum in AI infrastructure, next-generation Xeon 6+ server CPUs, edge and robotics offerings, Ethernet networking, and foundry technology (including Intel 18A-P risk production and High NA EUV manufacturing), alongside new strategic collaborations with partners such as Foxconn, Fortinet, and Siemens. Intel also announced an approximately €5 billion manufacturing capacity expansion for Xeon 6 and future Xeon processors, described leadership changes aligning its product, technology, manufacturing and culture organizations, and provided third-quarter 2026 guidance for revenue of $15.8–$16.8 billion, GAAP EPS of $0.31 and non-GAAP EPS of $0.38, supported by a GAAP gross margin outlook of 41% (42% non-GAAP), while cautioning that actual results may differ materially due to a broad range of operational, competitive, macroeconomic and geopolitical risks discussed in its forward-looking statements.

Filing Facts

CIK

50863

Ticker

INTC

Form

8K

Source Type

sec

Accession

0000050863-26-000155

Alert Tier

9