Intel Raises Capital Spending to $20 Billion as Data Center Revenue Tops $16.1 Billion
Intel reported second-quarter revenue of $16.1 billion and raised its 2026 capital spending guidance to more than $20 billion, skipping a previously projected $18 billion target. Non-GAAP earnings per share reached $0.42, double the consensus estimate, as demand for data center chips accelerated the company’s financial turnaround.
The spending increase reflects a 40% jump in foundry tooling investments for the 18A and 18A-P process nodes, with capacity expansions tied to long-term customer agreements. Management expects capital spending to rise again in 2027 to support U.S. manufacturing, while volume production for the newer 14A architecture remains scheduled for 2028.
From the sources (25 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.
@semianalysis_Intel actually breaks out the "mark to market losses on Escrowed Shares" to the U.S. Department of Commerce. The way to read that is that is the mark to market of Trump's investment in Intel. Last quarter it was just a measly billion dollar
@semianalysis_Foundry momentum is real, as 18A-P is entering risk production for customers. This is the critical inflection point to see if Intel's process is usable to the outside. Interesting is that Intel is announcing a 5 billion euro addition to In
@dnystedtRT @wallstengine: INTEL $INTC Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $16.1B (Est. $14.50B) 🟢; +25% YoY 🔹 Adj. EPS: $0.42 (Est. $0.22) 🟢 🔹 Ad…
@jukan05Wall Street needs to own up to all the bullshit it was spewing about 14A entering high-volume production in 2029…