Intel posts very strong Q1 2026 earnings as the AI boom starts to focus on CPUs
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AI GeneratedIntel's Q1 2026 earnings exceeded expectations, with $13.58 billion in revenue, up 7.2% year over year. The data center and AI divisions contributed significantly to this success, generating $5.1 billion in revenue. Intel's foundry business is gaining momentum, with $5.4 billion in revenue, positioning itself as a strong competitor to TSMC. Recent partnerships with Tesla and Google, along with new hardware releases, have further boosted Intel's performance. The increasing demand for AI-focused CPUs is driving growth for companies like Intel, prompting them to raise chip prices and forecast Q2 revenue of $13.8 to $14.8 billion.