Intel Q2 revenue jumps 25% to $16.1B on AI data center demand
Intel reported second-quarter revenue of $16.1 billion, up 25% year over year and above the $14.42 billion estimate, marking its fastest sales growth in roughly 15 years. The company pointed to unprecedented demand in its data center group, and the stock rose more than 10% after hours.
Key takeaway
AI infrastructure spend is broadening beyond GPU-only narratives, with CPU and data-center silicon demand now showing up clearly in a major chipmaker's top line.
Context
Intel's print beat Wall Street expectations by a wide margin, with $16.1 billion in Q2 sales versus a $14.42 billion consensus, and year-over-year growth of 25%. Management and coverage framed the acceleration as the company's fastest sales growth in about 15 years, tied to data center strength rather than a pure client PC rebound.
Investors treated the results as confirmation that AI-related infrastructure buying is lifting more of the semiconductor stack. Shares jumped more than 10% in after-hours trading as the market priced in a broader recovery in Intel's data center business alongside AI accelerator demand.
Numbers to know
- $16.1BIntel Q2 revenue
- $14.42BWall Street Q2 revenue estimate
- 25%Year-over-year revenue growth
- 10%After-hours stock jump reported in coverage