Overview
- Following Thursday’s earnings release, Intel posted adjusted EPS of $0.29 on about $13.58 billion in revenue, and the stock jumped roughly 15% to 20% after hours.
- The company guided second-quarter revenue to $13.8 billion to $14.8 billion and forecast $0.20 in adjusted EPS, both above Wall Street estimates.
- Data Center and AI sales reached about $5.1 billion, and executives said rising inference and agent-like AI tasks are boosting demand for general-purpose CPUs rather than GPUs built for training.
- Intel highlighted new and confirmed deals, including an expanded multiyear arrangement with Google Cloud and Tesla becoming the first major customer for its next‑generation 14A process at Elon Musk’s Terafab project.
- Management said supply is improving but still tight and reported more than $4 billion in restructuring charges that produced a GAAP loss, while several analysts raised targets as they reassess Intel’s turnaround and capacity ramp.