Intel's stock soars 16% as results top estimates, with chipmaker showing signs of growth

intel reported q1 earnings thursday that crushed wall street estimates — adjusted eps of 29 cents vs 1 cent expected, revenue of $13.58 billion vs $12.42 billion. shares jumped 16% in after-hours trading. revenue grew 7.2% from a year ago, breaking a streak of declines in five of the past seven quarters. the data center business led the way, with revenue up 22% to $5.1 billion, driven by surging demand for cpus as ai workloads shift beyond nvidia's gpus. intel guided q2 revenue between $13.8 billion and $14.8 billion, well above the $13.07 billion analysts expected. but the company is still losing money — net loss widened to $4.28 billion from $887 million a year earlier. ceo lip-bu tan is betting big on the 14a process node, set for 2028 or later. elon musk said on tesla's earnings call that tesla plans to use 14a for chips at the terafab complex in austin. intel's stock is up over 80% year to date, after soaring 84% in 2025.