There is unprecedented demand for compute.
Very good $Intel(INTC.US) Q2 earnings, as expected: “Our Q2 results represent our strongest revenue growth in more than fifteen years.”- Revenues: $16.1B vs. $14.45B expected (beat by 12% and up 25% YoY) - EPS: $0.42 vs. $0.22 expected (beat by 91% and up 520% YoY)Q2 revenue by segment:- Client Computing and Physical AI revenue: $8.9B (up 13% YoY)- Data Center and AI: $6.3B (up 59% YoY)- Intel Foundry: $5.8B and the business advancing process technology including Intel 18A-P entering risk production.- AI driven demand accelerating- Intel Foundry: Improved yields and cycle time driving supply upside- Intel Foundry: Expanding across all nodes to meet strong demandQ3 revenue guidance of $15.8B-16.8B.As Intel “meaningfully increasing our investments in equipment, clean room space, and substrates.”
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