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Intel’s stock soars 15% as results top estimates, with chipmaker showing signs of growth

The chipmaker topped analyst estimates on earnings and revenue, and second-quarter guidance also exceeded forecasts as investors bet on a turnaround.

  • Shares of Intel jumped 15% in after-hours trading Thursday, as the company reported Earnings that blew past Wall Street expectations.
  • The Trump administration championed Intel last year to bolster domestic manufacturing, following Revenue declines in five of the past seven quarters.
  • Intel reported EPS of 29 cents against one cent expected, while Revenue reached $13.58 billion, topping LSEG estimates of $12.42 billion.
  • Investment from Nvidia and SoftBank helped Shares rise more than 80% this year as of Thursday's close, signaling strong institutional backing.
  • Intel expects second-quarter Revenue between $13.8 billion and $14.8 billion with an adjusted EPS of 20 cents, as the Intel Xeon CPU launches in the first half of 2026.
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Intel technology reported losses of $4,281 million this Thursday in the first quarter of the year, almost five times as much as in the same stretch of the previous year.

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Intel earnings signal recovery at US chip maker

Shares in Intel soared on Thursday after it smashed quarterly earnings expectations in what could be a sign that the US chip maker is on a path to recovery.

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Reuters broke the news in United Kingdom on Thursday, April 23, 2026.
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