Intel Corp (NASDAQ:INTC) drew praise from market commentators on Thursday after posting second-quarter results that topped estimates, with investors and analysts focusing on the company's AI-driven demand, higher capital spending plans and long-term foundry roadmap.
Cheers For Cheer AI-Driven Quarter CNBC's Jim Cramer called Intel "the one" after the results and said listening to the company was "to listen to seasoned team that counts every penny before it spends it." Intel's the one.— Jim Cramer (@jimcramer) July 23, 2026 To listen to Intel is to listen to seasoned team that counts every penny before it spends it to develop a foundry, build a new cpu or, soon, to excel packaging— Jim Cramer (@jimcramer) July 23, 2026 Patrick Moorhead, CEO and chief analyst of Moor Insights & Strategy, said no one should be surprised Intel "crushed earnings," citing unprecedented demand for data center CPUs driven by agentic AI, pricing gains, higher volumes, and improving supply.
No one should be surprised $INTC crushed earnings.
Datacenter CPUs are in unprecedented demand due to agentic AI and they have very high market share.
Price hikes, increased volumes, supply catch-ups were all part of the numbers.
