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description: Intel reported Q2 2026 results well above analyst estimates, with revenue of $16.13 billion (up 25.4%) and adjusted EPS of $0.42 versus the $0.21 estimate. The...
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# Intel is back in the game

**[TechCentral](https://daily.dev/sources/techcentral)** · 4 min read · 0 upvotes · 0 comments

## Summary

Intel reported Q2 2026 results well above analyst estimates, with revenue of $16.13 billion (up 25.4%) and adjusted EPS of $0.42 versus the $0.21 estimate. The strong performance is driven by surging demand for data centre CPUs fueled by the agentic AI boom, which caught Intel off-guard with orders outpacing manufacturing capacity. CEO Lip-Bu Tan's turnaround strategy is gaining traction, with Intel now fully committed to high-volume production of its 14A manufacturing process by 2028. The foundry business secured Tesla as a customer for the 14A process, and Apple may follow. Intel raised its capex forecast from $18 billion to $20 billion and signed multi-year supply agreements with data centre customers. Shares rose 5.2% after hours and are up over 170% for the year.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcentral.co.za/intel-is-back-in-the-game/284095>

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Tags: [#gpu](https://daily.dev/tags/gpu), [#intel](https://daily.dev/tags/intel), [#agentic-ai](https://daily.dev/tags/agentic-ai)

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