Key facts: Intel 15‑yr revenue high; margins >40%/17%; 14A/18A risk
Complete. Here is the key summaryIntel reported its strongest revenue growth in 15 years, with pro-forma gross and operating margins exceeding 40% and 17%, respectively. Despite a $2.1B foundry loss, external sales rose 31%. The company forecasts Q3 revenue of $15.8–$16.8B, citing data center demand outpacing capacity. However, shares dropped ~8% post-results due to investor concerns over high AI spending and uncertain returns, despite analyst price target revisions.
- 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. 1
- Intel plans 18A-P risk production and to start 14A risk production in H2 2027, targeting large-volume 14A production in 2028. 2
- 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. 3
- 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 4
- 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. 5
- 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. 6
- INTC shares rose ~4% premarket after Intel posted quarterly results, triggering a sharp premarket move ahead of the regular session. 7