semiconductor / news / / Barchart
Shares of Intel Corporation (INTC) have witnessed an extraordinary rally in 2026, advancing about 130% year-to-date (YTD) following a sharp post-earnings surge of 23.6% on Friday.
Intel's AI-related businesses now generate 60% of total revenue, expanding by 40% year-over-year.
KEY POINTS
- The Data Center and AI segment signed new long-term deals, including with Google's Alphabet.
- Intel's ASIC custom silicon revenue climbed more than 30% sequentially and nearly doubled year-over-year.
- Intel forecasts double-digit Q2 growth in the DCAI segment, supported by robust AI-driven demand.
- Wall Street maintains a consensus 'Hold' on Intel, despite the stock's 130% rally year-to-date.
COMPANIES
Summarized by Newsio from Barchart. How we summarize →