# Revenue in the first quarter rose 7 percent to $13.6 billion.

*business · news · 2026-04-23 · The New York Times*

## Key points

- Intel's first-quarter revenue reached $13.6 billion, over $1 billion above Wall Street expectations.
- Intel's stock surged over 20 percent after the results, reaching nearly $79 per share.
- The U.S. government acquired about 10 percent of Intel last August for $8.9 billion.
- The government's Intel stake is now worth nearly $35 billion, quadrupling in less than a year.
- Intel posted a $3.7 million loss despite strong revenue, due to heavy manufacturing investment.

**Companies:** Intel
**Countries:** United States

[Read the full story on The New York Times](https://www.nytimes.com/2026/04/23/technology/intel-ai-earnings.html)

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