Intel Corporation (INTC)[Tv]

Key Developments

• Intel reports strongest quarterly performance in nearly 15 years, with $16.13 billion in revenue—25% above YoY—driven by a 59% YoY surge in Data Center & AI revenue and 31% growth in Intel Foundry Services, while adjusted EPS of $0.42 crushed estimates by 100%.
• U.S. government announces $8.9 billion equity stake in Intel, effectively granting a 9.9% nonvoting ownership via unused CHIPS Act funds, solidifying Intel’s status as a national strategic asset amid rising semiconductor sovereignty concerns.
• Intel achieves historic risk production of its 18A node using ASML’s High-NA EUV lithography, marking an irrefutable leap toward technical parity with TSMC and validating the core of its IDM 2.0 revival strategy.
• Intel unveils €5.7 billion expansion of Leixlip, Ireland facility to scale Xeon 6 and 18A production—aligning with EU semiconductor policy and signaling a bold strategic bet on reclaiming leadership in AI and data center semiconductors.
• $11.2 billion financing deal with Apollo Global Management via Athene sets a new precedent in industrial investing, enabling massive AI-capable expansion while preserving credit strength amid extreme capex demands.