Intel’s revenue in Q2 2026 was $16.1 billion, up 25% year over year, the fastest growth in 15 years and above the market’s expectation of $14.4 billion. Non-GAAP net profit was $2.2 billion, turning losses into profits. Gross margin jumped from 27.5% to 41.8%. After-hours, the stock price surged as much as 13% at one point. The data center AI business skyrocketed 59% year over year. CPUs have returned to the main stage for AI compute, and the company has already signed multiple long-term supply agreements.