Is Intel Stock a Buy After Its Latest Earnings Report?
Intel (NASDAQ:INTC) just lately delivered blowout earnings outcomes for the second quarter of 2026.
Adjusted earnings per share of $0.42 got here in double what Wall Road analysts had been anticipating, whereas income of $16.1 billion got here in almost $1.7 billion greater than consensus estimates.
“Robust demand for our merchandise proceed to outpace our rising provide,” Intel’s CEO Lip-Bu Tan mentioned on the corporate’s earnings name. “The surging demand and speedy build-out of compute infrastructure the world over creates a significant alternative for us in our product enterprise in addition to our foundry enterprise.”
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