Intel pares post-earnings gains, still up 3% afterhours following earnings call

Intel Slides Despite Strong Quarter as Street Weighs $20 Billion Capex Plan - Intel (NASDAQ:INTC)

Intel reported 25% revenue growth ($16.1B) and 59% data center surge, but capex guidance jumped above $20B with free cash flow at -$8.4B. Street skeptical on foundry—external revenue just 5% with $2.09B losses—while AI buildout ROI depends on $1.68T market versus $800B software.