Intel posts fastest growth in nearly 15 years on AI demand

Intel’s stock rose 4% yesterday after posting strong second-quarter results that showed 25% revenue growth, the fastest since 2011.

The surge was driven by the AI-fueled boom in its data center division, which grew 59% to $6.3 billion.

The chipmaker generated $16.1 billion in revenue, beating the $14.42 billion expected.

So far in 2026, Intel’s stock is up over 170% following an 84% jump last year when the government acquired a 10% stake. 

However, its shares have dropped 28% in July.