Intel's stock soars 15% as results top estimates, with chipmaker showing signs of growth [CNBC]
Advanced Micro Devices, Inc. (AMD)
Last advanced micro devices, inc. earnings: 4/28 04:25 pm
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Source: CNBC
The stock has been a Wall Street darling of late, bolstered by a big investment last year by the Trump administration. In this article Intel reported first-quarter earnings Thursday that blew past Wall Street's expectations, as the struggling chipmaker shows signs of a revival. Shares of the U.S. chipmaker jumped 15% in after-hours trading. Here's how the company did, compared with estimates from analysts polled by LSEG: Intel has been a Wall Street darling of late, with its stock up more than 80% this year as of Thursday's close, after soaring 84% in 2025. The chipmaker has been championed by the Trump administration, which turned the U.S. government into the largest shareholder last year as part of an effort to bring chip manufacturing stateside. Nvidia and SoftBank also invested billions in Intel. But the business, which fell way behind rivals Nvidia and Advanced Micro Devices during the early stages of the artificial intelligence boom, hasn't been seeing much momentum
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