Intel Q1 Beats Estimates, Stock Jumps 28%

Intel posted Q1 2026 revenue $13.6bn (+7% YoY) and EPS $0.29, beating estimates, with data‑center AI revenue $5.1bn (+22%).
Company forecast Q2 2026 revenue $13.8‑14.8bn and EPS $0.20, well above Wall Street consensus of $13.04bn and $0.09.
Shares jumped ~28% pre‑market to about $85, potentially surpassing the dot‑com era all‑time high.
Intel announced partnerships with Tesla (14A process), Alphabet (Xeon AI), SoftBank, NVIDIA and raised price target to $75 by Stifel.