On April 26, Intel rose 3.05% in after-hours trading, reaching $85.13 per share with a trading volume of approximately $63.69 million. The stock continues to ride momentum from its blockbuster Q1 earnings report released earlier this week.
Intel posted Q1 revenue of $13.6 billion, up 7% year-over-year and far exceeding both company guidance of $11.7–12.7 billion and the Street consensus of $12.36 billion. Adjusted EPS came in at $0.29, dramatically topping the $0.01 estimate. Gross margin improved to 39.4%, up 2.5 percentage points year-over-year. The Data Center and AI (DCAI) segment was the standout performer, generating $5.1 billion in revenue, up 22% year-over-year and well above the $4.4 billion estimate, driven by server CPU volume and pricing gains. The Client Computing Group held steady at $7.7 billion, up 1% year-over-year.
Equally important, Intel guided Q2 revenue to $13.8–14.8 billion, significantly above the consensus of $13.1 billion. CEO Lip-Bu Tan highlighted that CPU is reasserting itself as a foundational layer in AI computing, with server CPU capacity essentially sold out for the year, giving Intel renewed pricing power.
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