Intel Raises 2026 Capital Spending to $20 Billion on Second-Quarter Earnings Beat
Intel reported second-quarter adjusted earnings of $0.42 a share, more than doubling Wall Street’s $0.21 estimate, and posted revenue of $16.1 billion against expectations of $14.4 billion. Data center and AI revenue surged to $6.26 billion, contributing to a gross margin of 41.8% that beat the 39.2% forecast.
The chipmaker guided for third-quarter adjusted earnings of $0.38 and revenue between $15.8 billion and $16.8 billion, both surpassing analyst projections. To support expected growth across products and foundry services, Intel increased its full-year 2026 capital spending forecast to $20 billion from $18 billion. Shares gained nearly 9% in after-hours trading following the earnings release.
From the sources (21 posts)
@tradfi*INTEL Q2 REVENUE $16.13 BLN VS IBES ESTIMATE $14.42 BLN *INTEL OUTLOOK Q3 ADJ EPS $0.38 VS IBES ESTIMATE $0.27 $INTC
@tradfi*INTEL PLANS TO RAISE CAPITAL EXPENDITURES FROM $18 BLN TO $20 BLN FOR 2026 - CFO DAVID ZINSNER IN INTERVIEW $INTC
@tradfi*INTEL SEES 3Q ADJ GROSS MARGIN 42%, EST. 40.2% *INTEL 2Q REV. $16.13B, EST. $14.43B $INTC
@financialjuice$INTC Intel Q2 Earnings & Q3 Outlook Adjusted EPS $0.42, est. $0.21 Revenue $16.13B, est. $14.43B Sees Q3 Adjusted EPS $0.38, est. $0.27 Sees Q3 Revenue $15.8B–$16.8B, est. $15.06B Adjusted Gross Margin 41.8%, est. 39.2% Sees Q3 Adjusted G
@financialjuiceIntel increasing capital spending 2026 and 2027. $INTC
@alphasenseinc$INTC Earnings: - Second-quarter revenue was $16.1 billion, up 25% year-over-year (YoY). - Second-quarter earnings (loss) per share (EPS) attributable to Intel was $(2.16); non-GAAP EPS attributable to Intel was $0.42. - Forecasting third-
@stockmktnewzIntel $INTC just reported earnings EPS of $0.42 beating expectations of $0.21 Revenue of $16.1B beating expectations of $14.4B Intel said next quarter it expects - Revenue to come in between $15.8B - $16.8B above expectations of $15.10
@stocksavvyshay$INTC CRUSHED THEIR Q2 EARNINGS • Revenue $16.1B vs Est. $14.4B • EPS $0.42 vs Est. $0.11 • AI Revenue $6.3B vs. Est. $5.5B • Gross Margin: 42% vs. Est. 39% Q3 Guidance • Revenue $16.4B vs Est. $15.1B • EPS $0.38 vs Est. $0.27 Intel say
@unusual_whalesBREAKING: Intel, $INTC, earnings: - EPS: $0.42, est: $0.22 - Revenue: $16.1 billion, est: $14.4 billion
@financialjuiceIntel CAPEX increase mainly on equipment. $INTC
@firstsquawkINTEL Q2 ADJUSTED EPS CAME IN AT $0.42 VERSUS ESTIMATES OF $0.21, WITH REVENUE OF $16.13 BLN AGAINST $14.43 BLN EXPECTED, ADJUSTED GROSS MARGIN OF 41.8% VERSUS 39.2% AND ADJUSTED OPERATING MARGIN OF 17.2% VERSUS 11.1%, AS CLIENT COMPUTING R
@firstsquawkINTEL SEES Q3 ADJUSTED EPS OF $0.38 VERSUS ESTIMATES OF $0.27, REVENUE OF $15.8 BLN-$16.8 BLN VERSUS $15.06 BLN AND ADJUSTED GROSS MARGIN OF 42.0% VERSUS 40.2%.
@wallstengineINTEL $INTC Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $16.1B (Est. $14.50B) 🟢; +25% YoY 🔹 Adj. EPS: $0.42 (Est. $0.22) 🟢 🔹 Adj Gross Margin: 41.8% (Est. 39%) 🟢; +1,210bps YoY 🔹Raises FY26 Capex $20B (prior $18B) Q3 Guide: 🔹 Revenue: $15.8B-$16
@trendspiderINTEL $INTC IS RIPPING ON A MASSIVE EARNINGS DOUBLE BEAT 🔥 Q2 Adj. EPS: $0.42 vs $0.21 est Q2 REV: $16.128B vs $14.417B est INTEL SEES Q3 GAAP EPS $0.31 VS $0.13 EST 🟢 +8.72%
@gurgavinINTEL JUST REPORTED EARNINGS *INTEL 2Q REV. $16.13B, EST. $14.42 B ( BEAT ✅ ) *INTEL 2Q EPS $0.42 , EST. $0.21 ( BEAT ✅ ) *INTEL SEES Q3 ADJ EPS $0.38 , EST $0.27 ( BEAT ✅ ) $INTC
@wallstengine$INTC AI REVENUE $6.3B VS. EST. $5.5B
@zephyr_z9Server CPUs are flying
@stockmktnewzIntel $INTC stock is up by almost 9% in after-hours following its earnings 🟢🟢🟢🟢🟢🟢🟢🟢🟢
@trendspiderIntel $INTC CEO says Q2 saw the strongest revenue growth in more than 15 years 🔥
@stocktwits$INTC Q2 EARNINGS EPS: $0.42 vs Exp $0.22 Revenue: $16.1B vs Exp $14.4B
@yahoofinance$INTC reported its second quarter earnings after the bell on Thursday, blowing past Wall Street's expectations on both the top and bottom lines, and topping third quarter guidance estimates.