Intel's stock jumps as chipmaker rides AI boom to fastest revenue growth in almost 15 years

Intel's stock jumps as chipmaker rides AI boom to fastest revenue growth in almost 15 years

Intel's Q2 revenue hit $16.1B (+25%, fastest since 2011) on AI boom, with data center at $6.3B (+59%) and adjusted EPS of 42¢. Supply-constrained data center and 10 long-term CPU agreements signal durable AI capex cycles, pressuring accelerated foundry capex investment.