Intel Q1 2026 Results Drive 26% Share Surge

Intel reported Q1 revenue $13.6bn (+7% YoY) and EPS $0.29, beating estimates, with data‑center AI revenue $5.1bn (+22% YoY).
Shares surged over 26% to $84.50, setting a new all‑time high surpassing the dot‑com bubble peak.
Intel projects Q2 2026 EPS $0.20 and revenue $13.8‑$14.8bn, well above Wall Street consensus of $0.09 EPS and $13.04bn revenue.
CEO Lip‑Bu Tan announced partnerships with US government, SoftBank, NVIDIA and Tesla’s plan to use Intel’s 14A process, boosting AI chip outlook.