S&P 500 Climbs as Intel Posts Best Quarter in Years and Oil Retreats
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Intel (INTC) reported Q1 FY2026 non-GAAP EPS of $0.29 versus $0.01 consensus, with revenue of $13.58B up 7% year-over-year, sending shares up 27-28% to dot-com-era levels as Data Center & AI revenue grew 22% to $5.05B fueled by CPU demand for inference and agentic workloads.
Quick Read
Intel (INTC) reported Q1 FY2026 non-GAAP EPS of $0.29 versus $0.01 consensus, with revenue of $13.58B up 7% year-over-year, sending shares up 27-28% to dot-com-era levels as Data Center & AI revenue grew 22% to $5.05B fueled by CPU demand for inference and agentic workloads.
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