INTC · Intel Corp
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Research
our published analysis of this company-
Research ThesisIntel: The $465.7B market cap attached to a $57.0B money-losing business has one quarter to prove the Q2 2026 reset
Intel's 326.7% rally has priced in a turnaround the Q2 2026 print only just began to earn, with $57.0B of TTM revenue against -$77.0M of TTM EBIT. The Q3 2026 guide of $15.8B–$16.8B revenue and $0.31 GAAP EPS is the first datapoint that will decide whether the 41.8% non-GAAP gross margin holds and a dividend reinstatement becomes credible, or whether the -28.9% drawdown from $140.94 deepens.
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Research ThesisAMD at 171.1× earnings is the cycle's most multiple-expanding bet, and Q2 2026 is the bar
Advanced Micro Devices trades at 171.1× on +34.3% revenue growth against Nvidia at 31.7× on +125.9% and Broadcom at 63.6× on +143% AI semiconductor growth, with the $11.2B Q2 2026 guide and initial Helios volume in Q3 now the only thing standing between the multiple holding and a re-rating toward Broadcom's 63.6×.
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from its earnings releases, calls, and filings| Metric | Latest | Period | YoY |
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| Data Center and AI (DCAI) revenue | $3.94B | FY2025 Q2 | +3.5% |
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| Intel Foundry revenue | $4.42B | FY2025 Q2 | +3.2% |
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| Total Intel Products revenue | $11.81B | FY2025 Q2 | -1.2% |
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| All other revenue | 0.7B | Q2 2026 | — |
| Client Computing and Physical AI Group (CCPG) revenue | 8.9B | Q2 2026 | — |
| Intersegment eliminations | -5.5B | Q2 2026 | — |
| non-GAAP gross margin non-GAAP | 41.8% | Q2 2026 | — |
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| non-GAAP operating margin non-GAAP | 17.2% | Q2 2026 | — |
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| Client Computing Group (CCG) revenue | $7.63B | FY2025 Q1 | -7.8% |
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| Cash from operations | $1.1B | Q1 2026 | — |
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| Operating margin (non-GAAP) non-GAAP | 12.3% | Q1 2026 | — |
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| R&D and MG&A (non-GAAP) non-GAAP | $3.9B | Q1 2026 | — |
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| Gross margin non-GAAP | 36.7% | Full-Year 2025 | — |
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| Operating margin (loss) non-GAAP | 5.5% | Full-Year 2025 | — |
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| R&D and MG&A non-GAAP | $16.5B | Full-Year 2025 | -14.9% |
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| non-GAAP R&D and MG&A non-GAAP | $4.3B | Q1 2025 | — |
| Network and Edge (NEX) revenue | $5.77B | FY2023 | -31.3% |
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| Dividends paid | $0.37B | FY2024 Q3 | -39.1% |
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| Mobileye | $485M | FY2024 Q3 | -8.5% |
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| Operating Margin non-GAAP | 0.2% | Q2 2024 | — |
| 4th Gen Intel Xeon Scalable processor units shipped | 2.5M | since its introduction in January 2023 | — |
| IFS ecosystem and customers test chips taped out | 75 | 2023 | — |
| IFS test chips in pipeline | 50 | 2024 and 2025 | — |
| Intel Foundry Services (IFS) | $291M | Q4 2023 | — |
| OpenVINO adoption growth | 60% | Q4 2023 | — |
| Gross Margin (non-GAAP) non-GAAP | 39.8% | Q2 2023 | — |
| Intel Foundry Services (IFS) revenue | $232M | Q2 2023 | — |
| Adjusted free cash flow non-GAAP | -$4,075M | Year Ended Dec 31, 2022 filing | — |
Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file
Versus peers
Semiconductors — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
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INTC
this stock
Intel Corp
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$465.66B | +171.6% | -14.0% | — | 2.4% |
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NVDA
Nvidia Corp
|
$5.01T | +12.1% | +125.9% | 31.7 | 1.3% |
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TSM
Taiwan Semiconductor Manufacturing Co Ltd
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$2.09T | +37.1% | — | — | 0.6% |
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AVGO
Broadcom Inc.
|
$1.82T | +13.8% | +7.9% | 63.6 | 1.4% |
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SKHY
SK hynix Inc.
|
$1.10T | — | — | — | 0.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| INTC | +3.4% | -23.9% | +106.0% | -28.2% | +171.6% |
| SPY | -1.7% | +0.7% | +6.4% | -1.2% | +8.3% |
| vs SPY | +5.0% | -24.5% | +99.6% | -27.1% | +163.4% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.