Intel reports $13.6 billion quarterly revenue, up 7% year over year

In short: Intel said quarterly revenue rose 7% to $13.6 billion, beating Wall Street expectations by more than $1 billion.

What happened

Intel reported $13.6 billion in revenue for its latest quarter, a 7% increase from the same time last year. The results were announced on April 23, 2026, and came in more than $1 billion above what Wall Street expected.

Even with the revenue gain, Intel posted a net loss of $3.7 billion. A net loss means the company spent more money than it brought in overall during the quarter. Intel’s shares rose after the report, as investors focused on the better-than-expected revenue and a smaller loss than many had feared.

Intel also gave an outlook for the current quarter. It expects revenue between $13.8 billion and $14.8 billion.

For context, other chip companies are seeing strong results too, but not with the same exact revenue and growth numbers. Taiwan Semiconductor Manufacturing Company, or TSMC, reported record first-quarter net profit of $18.2 billion, up 58%. TSMC makes chips for other companies, like a factory that builds parts for many brands, and it said demand is being boosted by advanced AI chips, including 3-nanometer chips (a newer, more powerful type used by customers such as Nvidia and Apple).

Why it matters

Chips are the basic parts that power phones, laptops, cars, and many AI services. When a major US chip maker like Intel shows signs of steadier sales, it can affect prices, supply, and how quickly new devices and AI products improve.

Source: NYTimes