Intel's Q1 Revenue Skyrockets, Surpassing Expectations Largely Driven by AI

Intel's Q1 2026 revenue reached $13.6 billion, exceeding expectations by 9.4% with a notable boost in Data Centre and AI revenue, which grew 22% to $5.1 billion. The company reported a non-GAAP EPS of $0.29, a 1,350% surprise, while shares soared over 80% this year. CEO Tan emphasized AI's shift back to CPU dominance, underscoring Intel's partnerships with Google and Elon Musk.