Intel reports Q2 revenue up 25% YoY to $16.1B, GAAP loss of $(2.16)/share on CHIPS Act charge

Filed July 23, 2026 · Period ending July 23, 2026 · ~1 min read

Key Changes

• high

  Q2 revenue $16.1B, up 25% YoY (strongest growth in 15+ years); Data Center & AI segment up 59% to $6.3B, Client Computing up 13% to $8.9B, Intel Foundry up 31% to $5.8B

  Exhibit 99.1 view on EDGAR →
• high

  GAAP EPS $(2.16) driven by $12.5B non-cash mark-to-market loss on Escrowed Shares tied to CHIPS Act agreement; non-GAAP EPS $0.42, exceeding guidance

  Exhibit 99.1 view on EDGAR →
• high

  Gross margin expanded 12.9 ppts YoY to 40.4% GAAP (41.8% non-GAAP), reflecting higher factory yields, improved execution, and favorable AI/data center product mix

  Exhibit 99.1 view on EDGAR →