The company's shares rose by more than 25% in just one day, even in after-hours trading. If the trend continues, the monthly growth will exceed 85%.
The main reason is a strong quarterly report. Intel reported revenue of $13.6 billion in the first quarter of 2026 – higher than expected. Previously, the company had forecast $12.36 billion.
Now Intel expects up to $14.8 billion in the second quarter, which is also above Wall Street forecasts. This is a signal that the restructuring of the processor and graphics card manufacturer is proceeding successfully.
The main growth is not related to the gaming market, but to AI infrastructure for data centers. A similar situation is observed with AMD and NVIDIA. Companies are increasingly shifting their focus to generative AI, which affects the gaming and components market.
One of the growth factors was a contract with Tesla, which seeks to reduce its dependence on TSMC and Samsung.