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\n 24\/04\/2026 – 10:48 GMT+2\n <\/p>\n
Investors drove Intel shares up 20% in after-hours trading on Thursday after the company published a quarterly report that signalled a successful pivot towards AI-driven hardware.<\/p>\n
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According to the financial disclosure, Intel surpassed analyst predictions for both revenue and earnings. <\/p>\n
Revenue came in at $13.58 billion (\u20ac11.6bn) against a $12.3 billion (\u20ac10.5bn) estimate, a 7.2% rise year-on-year, while adjusted earnings per share clocked $0.29 against a $0.01 estimate that many analysts had anticipated.<\/p>\n
The firm also provided evidence that its strategy to integrate advanced AI capabilities across its product range is yielding results and strengthening the outlook.<\/p>\n
The core of Intel’s financial recovery was found in its Data Centre and AI (DCAI) division, which delivered results that far outpaced Wall Street estimates. <\/p>\n
The DCAI segment generated $5.05 billion (\u20ac4.2bn) in revenue for the quarter, representing a 22.4% increase compared to the same period last year. This figure was notably higher than the $4.41 billion (\u20ac3.77bn) that analysts had projected.<\/p>\n
The figures confirmed that its Xeon 6 processors and Gaudi 3 AI accelerators have gained significant traction among enterprise customers and cloud service providers.<\/p>\n
Intel CEO Lip-Bu Tan, who only started a year ago, stated that “the next wave of AI will bring intelligence closer to the end user, moving from foundational models to inference to agentic.”<\/p>\n
“This shift is significantly increasing the need for Intel\u2019s CPUs and wafer and advanced packaging offerings.”<\/p>\n
Looking ahead, Intel has issued a robust forecast for the second quarter, projecting revenue between $13.8 billion (\u20ac11.8bn) and $14.8 billion (\u20ac12.6bn). This guidance sits well above the $13 billion (\u20ac11.1bn) that investors had expected.<\/p>\n
Recovering from the US government intervention in 2025<\/p>\n
These positive figures come as a relief to shareholders who witnessed Intel’s most turbulent year in recent history. In 2025, the company faced a severe existential crisis, reporting multi-billion dollar losses and struggling with inefficient manufacturing nodes. <\/p>\n
To prevent a collapse, which was argued could threaten national security, the Trump administration took a direct 9.9% equity stake in the business in August 2025. <\/p>\n
The US government invested $8.9 billion (\u20ac7.8bn) at a $20.47 (\u20ac18.01) share price, however, $5.7 billion (\u20ac5bn) of the investment was funded with grants that had already been awarded to Intel but not yet paid. <\/p>\n
As part of the broader deal, Intel scrapped high-profile factory projects in Germany and Poland to consolidate its operations and focus on US domestic production.<\/p>\n
At the time of writing and following the 20% rise in after-hours trading, Intel shares sit at $81.3 (\u20ac71.5) representing a nearly 300% increase since the Trump administration took a stake.<\/p>\n
During this period of distress, Intel also executed a massive downsizing strategy, cutting its global workforce by 25%, or roughly 25,000 employees. <\/p>\n
The move was designed to stem the flow of capital and simplify a “needlessly fragmented” factory footprint, according to management. <\/p>\n
The current earnings beat suggests that these drastic measures, while difficult at the time, have successfully stabilised the balance sheet and allowed the company to reinvest in the high-margin AI market where it had previously lagged behind competitors.<\/p>\n","protected":false},"excerpt":{"rendered":"Published on 24\/04\/2026 – 10:48 GMT+2 Investors drove Intel shares up 20% in after-hours trading on Thursday after…\n","protected":false},"author":2,"featured_media":424502,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[220,218,219,61,13321,60,123,6270,80],"class_list":["post-424501","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-ie","tag-intel","tag-ireland","tag-markets","tag-profits","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/424501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=424501"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/424501\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/424502"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=424501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=424501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=424501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}