# Shares in Intel climbed $10.27, or 15.4 per cent, to $77.05 in after-hours trading.

*semiconductor · news · 2026-04-23 · The Sunday Times*

## Key points

- Intel secured Tesla as the first major customer for its next-generation 14A chip manufacturing process.
- Intel expects Q2 revenue of $13.8–$14.8 billion, surpassing Wall Street's $13.07 billion forecast.
- Intel raised chip prices to offset production cost increases driven by surging manufacturing demand.
- Intel's data centre and AI segment revenue reached $5.1 billion, beating estimates by $690 million.
- Intel's Q1 net loss widened to $3.7 million from $800 million the previous year.

**Companies:** Intel, Tesla
**Countries:** United States

[Read the full story on The Sunday Times](https://www.thetimes.com/business/companies-markets/article/investors-chip-in-to-intel-after-strong-sales-forecast-t3d92wtpv)

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