Intel

1. Prognoza

   Revenue midpoint is $16.3 billion, with gross margin forecast at 42%, tax rate at 11%, and earnings per share at $0.38.

   Cytat ze źródła

   “But at the end of the day, we're getting $0.35 on the dollar back from the investment tax credit on everything... At the end of the day, it's a timing thing. And as I said in my prepared remarks, the lion's share of our capital spend is devoted to the U.S.”

2. Prognoza ↑

   Intel raised its 2026 outlook by increasing CapEx expectations to more than $20 billion due to strong customer demand signals.

   Cytat ze źródła

   “Due to strong customer demand signals, we're raising our outlook for 2026 and now expect our CapEx to be more than $20 billion, which is up significantly versus our expectations...”

3. Liczba

   Quarter revenue was $16.1 billion, which was $1.8 billion above the midpoint of the guidance.

   Cytat ze źródła

   “Second quarter revenue was $16.1 billion, $1.8 billion above the midpoint of our guide.”

4. Poprzedni okres

   Intel reported that revenue, gross margin, and earnings per share exceeded the high end of guidance, marking its sixth consecutive quarter of exceeding financial expectations.

   Cytat ze źródła

   “Q1 results demonstrate continued and steady progress across the business, reflecting strong demand for our products and disciplined execution to expand... Revenue, gross margin, and earnings per share were all above the high end of guidance, marking our sixth consecutive quarter of exceeding financial expectations.”

Wycena niedostępna: negative FCF — no anchor for the model.

Management sounded noticeably less positive answering analysts than in its prepared script — a bigger drop than in 85% of calls. Scripts are polished in advance; a drop under questioning often marks the topics analysts pressed on, so the answers deserve a closer read than the script.