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Intel Forecast Shatters Estimates, Fueled by Data Center Growth

Bloomberg Technology Thursday 23 July 2026, 20:01 UTC By Ian King 1 min read
Key Points

Intel Forecast Shatters Estimates, Fueled by Data Center Growth Intel Corp. delivered a surprisingly strong revenue forecast for the current period, indicating that a surge in data center spending is helping fuel the chipmaker’s turnaround. Sales will be $15.8 billion to $16.8 billion in the third quarter, the company said Thursday in a statement. Even the low end of that range would easily clear the $15.1 billion average analyst estimate.

Intel Forecast Shatters Estimates, Fueled by Data Center Growth Intel Corp. delivered a surprisingly strong revenue forecast for the current period, indicating that a surge in data center spending is helping fuel the chipmaker’s turnaround. Sales will be $15.8 billion to $16.8 billion in the third quarter, the company said Thursday in a statement. Even the low end of that range would easily clear the $15.1 billion average analyst estimate.
Intel (ORG) Data Center Growth Intel (ORG) Data Center Growth Intel Corp. (ORG)
Originally published by Bloomberg Technology Read original →

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