• Intel foundry revenue rose 31% YoY to $5.8B; external foundry sales $293M (~5%). Foundry posted about $2.1B operating loss despite improved 18A wafer output and yields.
  • Intel plans 18A-P risk production and to start 14A risk production in H2 2027, targeting large-volume 14A production in 2028.
  • Intel posted its strongest revenue growth in 15 years. Pro-forma gross margin topped 40% and pro-forma operating margin hit 17%, the highest levels since early 2022–2024.
  • Intel projects Q3 revenue $15.8–$16.8B and adjusted EPS $0.38, cites supply limits as data center demand outpaces capacity, and signed 10 long‑term deals to secure pricing and volume
  • Intel shares dropped ~8% after strong quarterly results. Company forecasts near-term AI chip demand; investors worried about high AI spending and uncertain returns, pressuring the stock.
  • After Intel's Q2, analysts revised INTC price targets: Stifel $110, Mizuho $109, Morgan Stanley $84, Wedbush $98, Rosenblatt $80, JPMorgan $85; ratings mostly Neutral–Underweight.
  • INTC shares rose ~4% premarket after Intel posted quarterly results, triggering a sharp premarket move ahead of the regular session.