Could Intel Follow in Nvidia’s Footsteps?

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Key Points

  • Intel’s revenue for Q1 2026 reached $13.6 billion, marking a 7% year-over-year increase and surpassing its forecast by over $1 billion.

  • The data center and AI segment experienced a 22% revenue growth year-over-year, totaling $5.1 billion.

  • Intel’s stock price rose nearly 500% over the past year, trading at approximately $125 per share with a market cap exceeding $600 billion.

Intel (NASDAQ: INTC) reported robust Q1 earnings on April 27, 2026, marking its sixth consecutive quarter of exceeding forecasts. The chipmaker’s data center and AI division is increasingly pivotal, reflecting strong demand, particularly in light of recent deals with Apple and Nvidia. Intel’s adjusted earnings per share were reported at $0.29, alongside improved gross margins of 41% compared to 39.2% a year ago.

Despite impressive growth, comparisons with Nvidia highlight significant differences in profitability and market dynamics. Nvidia’s revenue soared by 73% in its most recent quarter, far outpacing Intel’s overall performance. While Intel’s stock has surged in value, analysts suggest that extensive growth will be necessary to justify its current valuation relative to its competitors.

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