Intel Crushes Earnings as Stock Soars on Xeon CPU and Foundry AI Demand

Intel’s share price is surging ahead of today’s opening bell after the chip maker posted financial results for its first quarter of fiscal 2026. For the sixth quarter in a row, Intel’s earnings beat expectations, this time with Intel posting $13.6 billion in Q1 revenue for a 7% year-over-year gain, including $5.1 billion from its Data Center