Intel reported Q1 2026 revenue of $13.6 bn (+7% YoY) and EPS $0.29, beating estimates of $12.41 bn and $0.02 respectively.
Shares jumped over 26% to $84.50, setting a new all‑time high surpassing the dot‑com bubble peak.
Intel forecast Q2 2026 EPS $0.20 and revenue $13.8‑14.8 bn, well above Wall Street consensus of $0.09 and $13.04 bn.
CEO Lip‑Bu Tan highlighted AI‑driven demand, new partnerships with US government, SoftBank, NVIDIA and Tesla’s use of Intel’s 14A process.