Intel (NASDAQ:INTC) recently delivered blowout earnings results for the second quarter of 2026.
Adjusted earnings per share of $0.42 came in double what Wall Street analysts had been expecting, while revenue of $16.1 billion came in nearly $1.7 billion higher than consensus estimates. “Strong demand for our products continue to outpace our growing supply,” Intel’s CEO Lip-Bu Tan said on the company’s earnings call. “The surging demand and rapid build-out of compute infrastructure across the world creates a meaningful opportunity for us in our product business as well as our foundry business.” Intel also provided strong guidance for the current quarter, estimating adjusted EPS of $0.38 and revenue between $15.8 billion and $16.8 billion
Both came in higher than analysts had been modeling. The positive news, however, has done little for Intel’s stock, which is down nearly 33% over the past month. Is Intel a buy after its latest earnings report?
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