Intel earnings signal recovery at U.S. chip maker

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Shares successful Intel took disconnected precocious past twelvemonth aft AI elephantine Nvidia announced it would put $5 cardinal successful its lagging rival

Published - April 24, 2026 11:12 americium IST

Intel reported gross  of $13.6 cardinal  successful  a 7% summation   from the aforesaid  4th   a twelvemonth  earlier, but logged a $3.7 cardinal  nonaccomplishment   that was little  than the marketplace  had anticipated [File]

Intel reported gross of $13.6 cardinal successful a 7% summation from the aforesaid 4th a twelvemonth earlier, but logged a $3.7 cardinal nonaccomplishment that was little than the marketplace had anticipated [File] | Photo Credit: REUTERS

Shares successful Intel soared connected Thursday aft it smashed quarterly net expectations successful what could beryllium a motion that the U.S. spot shaper is connected a way to recovery.

Intel reported gross of $13.6 cardinal successful a 7% summation from the aforesaid 4th a twelvemonth earlier, but logged a $3.7 cardinal nonaccomplishment that was little than the marketplace had anticipated.

Published - April 24, 2026 11:12 americium IST

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