Intel Q1 2026 Earnings Beat: Agentic AI Shifts Compute Demand to CPUs, Data Center Revenue Up 22%
CNBC·high signal
Intel reported Q1 2026 revenue of $13.6B (up 7% YoY) with Data Center and AI revenue surging 22% to $5.1B, driven by agentic AI workloads shifting compute needs beyond GPUs to CPUs. CEO Lip-Bu Tan stated 'The next wave of AI brings intelligence closer to the end user, moving from foundational models to inference to agentic.' Stock surged 25%+ on results and forward guidance of $13.8-14.8B for Q2, well above $13.07B consensus.