Intel Corporation (INTC) reported a significant increase in non-GAAP operating income, reaching $1.7 billion in Q1 2026, up from $0.7 billion in the same period last year. The non-GAAP operating margin rose to 12.3%, up from 5.4% year-over-year, driven by revenue growth and disciplined cost management.
Revenue from the Client Computing Group (CCG) rose to $7.73 billion, while the Datacenter and AI Group (DCAI) saw revenues climb to $5.05 billion. CCG’s operating margin increased to 32.6% from 30.9%, and DCAI’s margin surged to 30.5% from 13.9%. Operating expenses declined by 9% year-over-year, totaling $3.9 billion.
Intel’s shares have increased by 372.5% over the past year, significantly outperforming the industry average of 32.5%. In comparison, Advanced Micro Devices (AMD) reported non-GAAP operating income of $2.54 billion, and Broadcom’s operating margin reached 67.3%, reflecting strong demand for their products.
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