Intel Records Strongest Revenue Growth in 15 Years
US chipmaker Intel Corporation on Thursday reported “the strongest revenue growth in more than 15 years,” with second-quarter revenue rising 25 per cent year-on-year to US$16.1 billion amid growing demand for artificial intelligence-related computing.
In its quarterly financial report, Intel said its gross margin rose to 40.4 per cent from 27.5 per cent in Q2 2025. However, the California-based company also reported a net loss of US$11 billion, swelling from US$2.9 billion in the same period last year.
Meanwhile, Intel’s data centre and AI business recorded revenue of US$6.3 billion, up 59 per cent year-on-year. Revenue from its client computing and physical AI businesses increased 13 per cent to US$8.9 billion.
“AI is driving unprecedented demand for computing,” said Intel CEO Lip-Bu Tan, adding that the company is well positioned to pursue growth across various fields, including central processing units (CPUs), custom chips, advanced packaging, and semiconductor manufacturing.
For the third quarter (Q3), Intel expects revenue to be in the range of US$15.8 billion to US$16.8 billion.