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Intel Q1 Revenue Beats Forecasts, Stock Jumps 20%

4/24/2026

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Summary

Story summary

Intel Corp. reported Q1 revenue of $13.6 billion, up 7 percent and $1 billion above forecasts.
Shares jumped nearly 20 percent to above $79, raising the year-to-date gain to over 80 percent.
Intel posted a net loss of $3.7 million, larger than the $800,000 loss a year earlier.
CEO Lip-Bu Tan, who arranged an August deal under President Donald Trump selling about 10 percent of Intel for $8.9 billion, now sees that stake valued at nearly $35 billion.

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Story summary

Intel Corp. reported Q1 revenue of $13.6 billion, up 7 percent and $1 billion above forecasts.
Shares jumped nearly 20 percent to above $79, raising the year-to-date gain to over 80 percent.
Intel posted a net loss of $3.7 million, larger than the $800,000 loss a year earlier.
CEO Lip-Bu Tan, who arranged an August deal under President Donald Trump selling about 10 percent of Intel for $8.9 billion, now sees that stake valued at nearly $35 billion.