Intel's stock soars 16% as results top estimates, with chipmaker showing signs of growth

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Intel reported first-quarter earnings Thursday that blew past Wall Street’s expectations, as the struggling chipmaker shows signs of a revival.

Shares of the U.S. chipmaker jumped 16% in after-hours trading.

Here’s how the company did, compared with estimates from analysts polled by LSEG:

Intel has been a Wall Street darling of late, with its stock up more than 80% this year as of Thursday’s close, after soaring 84% in 2025. The chipmaker has been championed by the Trump administration, which turned the U.S. government into the largest shareholder last year as part of an effort to bring chip manufacturing stateside. Nvidia and SoftBank