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Intel Rides AI Boom to Fastest Revenue Growth in Almost 15 Years

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Intel's revenue jumped 25%, the most robust growth for any period since the third quarter of 2011. The company's AI business is driving growth, with Intel benefiting from the boom in agentic AI.

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Intel Rides AI Boom to Fastest Revenue Growth in Almost 15 Years

Intel's revenue jumped 25%, the most robust growth for any period since the third quarter of 2011. The company's AI business is driving growth, with Intel benefiting from the boom in agentic AI. According to CNBC, Intel reported better-than-expected second-quarter results, with earnings per share of 42 cents, adjusted, versus 21 cents expected. Revenue was $16.1 billion, versus $14.42 billion expected. The company's AI business is driving growth, with Intel benefiting from the boom in agentic AI.

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