TradingKey – Intel closed Friday, September 4 at $95.80, up 4.51% and at the provided $95.81. Intel has taken back some losses and is currently testing the resistance level around $96-$97. Fundamentals are beginning to support a rebound at Intel. Quarterly revenue numbers released on July 23 showed a massive 25% growth and Q3 gave guidance in the range which is higher than the consensus that prevailed at the July earnings release. The main concern is the amount of dilution caused by the $20 billion equity raise.
Q2 Revenue Rose 25% to $16.1 Billion
Intel posted $16.1 billion in revenue for Q2 2026, an increase of 25% over the same period last year. Non-GAAP EPS was $0.42, and non-GAAP gross margins improved to 41.8% from 29.7% the prior…
