Intel's Q2 revenue rose 25% year-over-year to $16.10 billion, beating the consensus estimate of $14.42 billion from 36 analysts, and adjusted EPS was $0.42, up from a loss per share of $2.16 a year earlier. The company cited AI-driven demand and improved execution, including higher factory yields and better cycle times, for the strong results. Revenue from Data Center and AI and Foundry segments rose sharply year-over-year. Intel forecasts Q3 2026 revenue of $15.8 billion to $16.8 billion, with expected EPS of $0.31 and non-GAAP EPS of $0.38, and stated that AI-driven compute demand is expected to support growth this year and next. Shares rose about 9.2% after the bell. The average analyst rating on the shares is "hold," with 13 "strong buy" or "buy," 32 "hold," and 3 "sell" or "strong sell." Wall Street's median 12-month price target for Intel Corp is $100.00, about 2.6% below its July 22 closing price of $102.62.