Intel reports Q2 revenue up 25% and forecasts $15.8B-$16.8B for Q3

Intel reported second-quarter 2026 revenue of $16.1 billion for the period ended June 27, up 25% from a year earlier, with non-GAAP EPS of $0.42 but a GAAP loss of $2.16 per share, largely reflecting a $12.5 billion mark-to-market charge on escrowed shares tied to its U.S. government agreement. Data Center and AI revenue rose 59% to $6.3 billion, while Intel Foundry revenue increased 31% to $5.8 billion; the company generated $7.0 billion in operating cash flow and announced a €5 billion manufacturing-capacity investment. For the third quarter, Intel forecast revenue of $15.8 billion to $16.8 billion, GAAP EPS of $0.31, and non-GAAP EPS of $0.38.