Intel Q1 Revenue Beats Estimates on 22% AI Revenue Jump

Intel reported $13.6 billion in Q1 2026 revenue, surpassing analyst expectations of $12.36 billion. The data center and AI segment revenue jumped 22% year-over-year, driving the beat. The company also guided Q2 revenue above forecasts, signaling sustained demand for AI chips. Intel's turnaround efforts under CEO Pat Gelsinger appear to gain traction as the chipmaker capitalizes on the AI boom. The results were announced on April 23, 2026.