INTC Q2 BEATS ACROSS THE BOARD, Q3 GUIDANCE ABOVE ESTIMATES - Revenue: $16.13B vs $14.42B est, beat - Adjusted EPS: $0.42 vs $0.21 est, beat
INTC Q2 BEATS ACROSS THE BOARD, Q3 GUIDANCE ABOVE ESTIMATES - Revenue: $16.13B vs $14.42B est, beat - Adjusted EPS: $0.42 vs $0.21 est, beat - Non-GAAP gross margin: 41.8% vs 38.76% est, beat Q3 guidance: revenue $15.8B-$16.8B vs $15.10B est, adjusted EPS $0.38 vs $0.27 est, gross margin 42.0% vs 39.77% est. CFO David Zinsner says Intel is raising 2026 capex from $18B to $20B, expects capex "to be up meaningfully" in 2027, and has signed 3-5 year chip supply agreements with customers, some including both volume and price commitments.
INTC Q2 BEATS ACROSS THE BOARD, Q3 GUIDANCE ABOVE ESTIMATES - Revenue: $16.13B vs $14.42B est, beat - Adjusted EPS: $0.42 vs $0.21 est, beat - Non-GAAP gross margin: 41.8% vs 38.76% est, beat Q3 guidance: revenue $15.8B-$16.8B vs $15.10B est, adjusted EPS $0.38 vs $0.27 est, gross margin 42.0% vs 39.77% est.
CFO David Zinsner says Intel is raising 2026 capex from $18B to $20B, expects capex "to be up meaningfully" in 2027, and has signed 3-5 year chip supply agreements with customers, some including both volume and price commitments.