Intel stock jumps 389% after 2024 dividend cut as investors press for a payout return
AI Market Summary
Intel's Q2 FY'26 results showed a sharp operational inflection: EPS of $0.30 materially beat expectations, revenue rose 25% YoY to $16.1B, and Data Center & AI and Foundry grew 59% and 31%, respectively. Free cash flow turned positive at ~$4.45B, supporting the turnaround narrative, though elevated capex and no dividend reinstatement keep capital-return expectations constrained. Near-term focus shifts to execution on nodes, yields, and foundry ramp.
Impact level
● Medium
Affected assets
NCSKINTC2USD/USDT+1.27%
AI Insight · NCSKINTC2USD/USDTAI Insight
▲ Bullish
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Intel reported Q2 fiscal results with earnings of $0.30 per share, beating expectations by 200%, and revenue of $16.1 billion, up 25% year over year for its strongest growth in more than 15 years. Data Center and AI revenue rose 59%, Foundry revenue increased 31%, and free cash flow totaled $4.45 billion. The shares are up 170% year to date, and investors are calling for the company to reinstate its dividend.
