# Intel shares surged nearly 27% after the chipmaker posted first-quarter earnings that beat Wall Street's expectations.

*business · news · 2026-04-24 · CNBC*

## Key points

- Intel's Q1 earnings and revenue both handily beat Wall Street expectations, causing shares to jump 27%.
- Advanced Micro Devices surged nearly 12% after DA Davidson's upgrade following Intel's strong results.
- MaxLinear's stock soared 38% on a Q1 earnings and revenue beat and an improved company outlook.
- Comfort Systems USA's earnings and revenue dramatically outpaced analyst expectations, and the company raised its dividend.
- SAP's 2026 financial outlook is contingent on Middle East conflict de-escalation, revealing geopolitical sensitivity.

**Companies:** Intel, Procter & Gamble, Advanced Micro Devices, SAP, Hartford Insurance Group, Boyd Gaming, SLM, MaxLinear, Comfort Systems USA

[Read the full story on CNBC](https://www.cnbc.com/2026/04/24/stocks-making-the-biggest-moves-premarket-intc-amd-pg.html)

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