Intel expects to be profitable as early as 2025 or 2026, well ahead of its previous 2028 target. In Q2 2026, the company generated $16.1 billion in revenue, a 25% year-over-year increase, driven by a 59% surge in its Data Center and AI segment. Foundry revenue reached $5.4 billion in Q1 2026, up 16% year-over-year. Intel raised its 2026 capital expenditure guidance above $20 billion, primarily earmarked for AI infrastructure buildout. This competitive dynamics in semiconductors could create opportunities for the crypto sector, which relies on this supply chain for Bitcoin mining and AI infrastructure.
Source: Read the original article
