Intel Corp.’s (NASDAQ:INTC) blowout first-quarter earnings report is lifting the broader semiconductor space, with shares of Advanced Micro Devices Inc (NASDAQ:AMD) and Arm Holdings PLC – ADR (NASDAQ:ARM) catching a strong sympathy bid in Thursday’s session.



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<li>AMD stock is climbing. See the chart and price action here. </li>
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Intel delivered a stunning first quarter beat after the close, posting earnings of 29 cents per share on revenue of $13.58 billion — obliterating Wall Street’s consensus estimates of one cent EPS and $12.42 billion in revenue. 



The top-line figure also represents a meaningful year-over-year improvement from the $12.67 billion Intel reported in first quarter 2025. 



Forward guidance was equally impressive, with Intel projecting second quarater revenue of $13.8 billion to $14.8 billion against analyst expectations of $13.07 billion. Intel shares surged nearly 15% in extended trading to $76.71, capping a month in which the stock had already rallied roughly 50%.



<h2>AMD, ARM Stocks Climb</h2>



The read-through for semiconductor peers was immediate. 



AMD stock climbed 4.04% to $317.62 in after-hours trading, with the stock continuing to attract momentum as Intel’s results signal strengthening demand across the chip ecosystem. 



ARM Holdings also surged, per Benzinga Pro, underscoring investor appetite for semiconductor names broadly as AI-driven chip demand accelerates.



Intel CEO Lip-Bu Tan pointed to shifting AI infrastructure dynamics as a key tailwind, noting that the transition from foundational AI models to inference and agentic workloads is “significantly increasing the need for Intel’s CPUs and wafer and advanced packaging offerings.” 



That macro narrative benefits the entire chip sector, as AMD competes directly in the CPU and data center GPU markets, while Arm’s architecture powers a wide swath of AI edge and mobile inference applications.



With Intel’s results marking its sixth consecutive quarter of revenue above expectations, the AI revolution tide is lifting all boats — and AMD and Arm investors are taking notice.



Photo: Bigc Studio / Shutterstock

INTC

Intel Corp's strong Q1 earnings report, which exceeded Wall Street expectations, positively influenced the semiconductor sector, boosting shares of Advanced Micro Devices Inc and Arm Holdings PLC. Intel reported earnings of 29 cents per share and revenue of $13.58 billion, surpassing estimates of 28 cents EPS and $12.42 billion revenue, marking a significant year-over-year revenue increase from $12.67 billion.

- Intel Corp. reported exceptional first-quarter earnings of 29 cents per share on revenue of $13.58 billion, exceeding Wall Street estimates and reflecting a year-over-year improvement.  
- Following this announcement, shares of Advanced Micro Devices Inc. and Arm Holdings PLC rose significantly, driven by increased demand in the semiconductor sector and positive forward guidance from Intel.  
- Intel CEO highlighted that evolving AI infrastructure is boosting the chip market, benefiting competitors like AMD and Arm amid growing investor interest in semiconductor stocks.

AMD, Arm Stocks Ride Intel's Coattails After Blowout Q1 Report