Intel Beats Estimates on AI-Driven Demand, Foundry Growth
Intel posted a $16.1 billion Q2 revenue, up 25% year over year, with adjusted EPS of $0.42, well above the consensus of $0.21 as AI-related demand drives the strongest growth in over 15 years. The Data Center and AI segment rose 59% to $6.3 billion, while the Foundry division reached $5.8 billion in revenue, up 31%, signaling a key AI growth engine. Gross margins expanded to GAAP 40.4% and non-GAAP 41.8%, aided by better factory yields and faster cycle times. Management reiterated a bullish Q3 outlook, guiding EPS of $0.38 and revenue of $15.8–$16.8 billion, supported by sustained AI and data-center momentum. CEO Lip-Bu Tan emphasized ongoing AI-driven demand and investments in Foundry capacity, equipment expansion, and supply-chain improvements. The earnings beat and higher guidance helped lift shares in after-hours trading, with investors watching for margin stability and the durability of AI-led growth.


