Intel stock slips 1.02 percent after strong Q2 revenue
Published on 09/24/2026 at 14:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Intel stock (ISIN US4581401001) closed at USD 122.60 on Nasdaq on September 23, 2026, down 1.02 percent from the previous close of USD 123.86. The move came as investors weighed a strong Q2 2026 revenue result against a valuation that places the shares 13.87 percent below their 52-week high of USD 142.35.
Q2 revenue rises 25 percent
Intel reported Q2 2026 revenue of USD 16.1 billion, an increase of 25 percent from the year-earlier period, according to Gate. The figure was USD 1.7 billion above the typical analyst expectation of USD 14.4 billion, giving the quarter a clear operating lift.
Adjusted earnings per share reached USD 0.42 in Q2 2026, twice the USD 0.21 market expectation, while gross margin increased from 29.7 percent to 41.8 percent year over year, the same report said. That combination matters because revenue growth alone would carry less weight if manufacturing economics remained compressed.
Data center growth leads
Intel's Data Center and AI business generated USD 6.3 billion in Q2 2026 revenue, up 59 percent year over year. Client Computing revenue rose 13 percent to USD 8.9 billion, while Intel Foundry revenue increased 31 percent to USD 5.8 billion, according to Gate.
The company identifies Q2 2026 as its latest quarterly result for the period ending June 27, 2026, on its investor-relations page. Intel also lists a July 23, 2026 earnings call and a September 8, 2026 update on cooperation with ASML for high-NA EUV readiness, according to Intel.
Stock stays below yearly high
Intel's market capitalization stood at USD 618.39 billion on September 23, 2026. The 52-week range was USD 29.23 to USD 142.35, leaving the September 23 close at USD 122.60 and 13.87 percent below the upper boundary. For investors, the key tension is visible in the numbers: Q2 revenue and adjusted EPS beat expectations, while the stock still trades below its yearly peak.
Intel Corporation stock snapshot
- Company: Intel Corporation
- Ticker: INTC
- Trading venue: NASDAQ
- Price: USD 122.60, closing price September 23, 2026
- Market capitalization: USD 618,394,368,982 as of September 23, 2026
- 52-week range: USD 29.23-142.35 as of September 23, 2026
- Sector / Industry: Information Technology / Semiconductors
