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deep tech TNW July 24, 2026

Intel Q2 earnings double estimates as AI data centre revenue surges 59 percent

Intel Q2 earnings double estimates as AI data centre revenue surges 59 percent
AI Summary

Intel posted second-quarter 2026 revenue of more than $16 billion, a 25 percent jump from a year earlier and the company’s fastest growth since late 2011. Adjusted earnings per share came in at 42 cents, double the 21-cent consensus estimate on Wall Street. Shares initially climbed on the results but reversed course during extended trading, […] This story continues at The Next Web

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