- Intel shares rose 4 percent in afternoon trading on April 23 as investors anticipated the strong results under the leadership of Lip-Bu Tan
- Options traders had prepared for a significant price swing of approximately 9 percent in either direction following the earnings release
- The company reported a massive earnings per share beat of 0.29 dollars compared to the analyst consensus of just 0.01 dollars
- Market analysts noted that CPUs are becoming increasingly critical to AI growth which helped drive the revenue beat to 13.6 billion dollars
- HSBC and BNP Paribas recently upgraded the stock to a buy rating citing growth in server processor shipments
Intel exceeds first quarter expectations and raises revenue outlook for 2026
Apr 23, 2026, 8:03:53 PM UTC(17 hours ago)
Impact: Medium
Affected Assets
Sources
From:@YahooFinance
$INTC tops Q1 estimates, provides better-than-anticipated Q2 guidance
💵 Revenue: $13.6B vs $12.36B expected
💲 EPS: $0.29 vs $0.01
➡️ Q1 revenue forecast: $13.8B to $14.8B vs $13.03B expected https://t.co/rvGb3kFwCv
