Intel (INTC) Heads to October Earnings After Seventh Straight Beat
Intel Corp. (NASDAQ: INTC) heads toward third quarter results, currently estimated for 21 October, carrying a run of seven consecutive earnings beats behind it.
The second quarter set the bar. INTC reported revenue of $16.13 billion, exceeding estimates by $1.8 billion, with adjusted earnings of $0.42 per share against a forecast of $0.21. Gross margin came in at 41.8%, roughly 280 basis points above guidance.
The segment split matters more than the headline for anyone tracking the turnaround. Data centre AI revenue rose 59% year over year to $6.3 billion. Client computing rose 15% sequentially to $8.9 billion, holding up despite an expected decline in the wider PC market.
Management raised 2026 capital expenditure guidance to more than $20 billion, citing customer demand, and guided third quarter revenue to a range of $15.8 billion to $16.8 billion. Shares rose 3.44% in after hours trading following the release.
Management named supply constraints and competition as the principal risks going forward. Both are visible in the numbers rather than hypothetical. Server CPU capacity has been reported as close to sold out, which supports pricing but caps volume, while AMD has continued to take share in both client and data centre CPUs.
Trailing twelve month revenue stands at $57.03 billion with gross margin of 38.60%. Net margin remains negative at -19.62%, which is the figure the October report will be judged against.
Tech Seller USA supplies Intel server processors, including Xeon Scalable and Xeon E5 parts, alongside a wider range of enterprise servers.
