TradingKey – Intel (INTC) ‘s second-quarter 2026 results, reported on July 23, signal a major positive turning point in their two-year recovery effort. 16.1 billion dollars in revenue exceeded estimated consensus by 12% and had a year on year growth of 25%, being the highest growth in 15 years. Revenue from the Data Center and AI division grew 59%, reaching 6.3 billion dollars, and now makes up 39% of Intel’s total revenue. Non-GAAP diluted EPS was 0.42, almost double the 0.21 estimated consensus. 

A large 12.5 billion dollar non-cash charge from the CHIPS Act caused a GAAP net loss of 11.0 billion dollars, substantially covering up for a lack of well-executed operations. 

The stock price soared a maximum of 13% to 112.70 dollars on…