# Intel reported adjusted earnings per share of 29 cents, beating the consensus estimate of 1 cent.

*business · news · 2026-04-24 · Benzinga*

## Key points

- Intel's Q1 Data Center and AI revenue grew 22% year-over-year, indicating strong AI sector demand.
- Intel reported Q1 adjusted EPS of 29 cents, far exceeding expectations of 1 cent.
- Intel raised Q2 revenue guidance to up to $14.8 billion, above consensus estimates.
- AMD shares rose over 11% in sympathy with Intel's strong AI and CPU-driven performance.

**Companies:** Intel, Advanced Micro
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/trading-ideas/movers/26/04/52027125/amd-stock-tests-resistance-as-intel-beat-sparks-sector-rally)

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