Intel Corporation (INTC) Earnings Call Transcripts
Intel Corporation's Latest Earnings Call - August 26, 2026
In the Q2 2026 earnings call, Intel Corporation (INTC:US) reported a revenue of $20 billion, aligning with expectations, while earnings per share (EPS) were $0.75, exceeding estimates by $0.05. Management raised capital expenditure (CapEx) guidance for 2027 to $20 billion, reflecting confidence in demand for advanced packaging and CPUs, particularly in the data center segment. The company highlighted strong double-digit growth in server units and stable average selling prices (ASP) for CPUs, signaling a robust demand environment that could positively impact future revenues.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $20B (inline) |
| EPS | $0.75 (beat) |
| CapEx Guidance | $20B (positive) |
| Gross Margin | 40% (positive) |
| Advanced Packaging Margins | 40% (positive) |
| Foundry Breakeven Target | End of 2027 (neutral) |
Guidance from management
Intel raised its CapEx guidance for 2027 to $20 billion, reflecting increased confidence in demand for CPUs and advanced packaging. The foundry business aims for breakeven by the end of 2027, though this timeline may extend based on demand.
What management said
It's -- let's say it this way, Intel III would not be a great logic process for external. But we use it for base die and it can be used for base die for other companies. And as the fact that we have advanced packaging and all these things kind of all under one roof, there could potentially be some opportunities there.
Why? We should have a rule never to ad. We have 4 letters to an acre because I was doing it on the earnings call, and I could not get CCPG out take my life, but -- but anyway, it is the new acronym.
What analysts pressed on
Analysts expressed concerns about the supply chain constraints affecting production capacity and the potential delay in achieving breakeven for the foundry business. There were also questions regarding how Intel plans to balance wafer allocation between data center and client segments amidst rising memory prices.
Main topics on the call
- Capital Raise and Investment Strategy — Intel raised $23 billion in working capital to fund increased CapEx, now projected at $20 billion for 2026. CFO David Zinsner noted, "It's the right time to think about increasing capital, so that we can make the CapEx i...
- Process Node Advancements — Management confirmed the upcoming release of the 0.9 PDK for the 14A process node in October 2026, with high-volume manufacturing expected by 2028. Zinsner stated, "We have significant confidence there," indicating stron...
- Data Center Demand Dynamics — Intel reported strong double-digit growth in server unit sales, with ASPs stabilizing or increasing. Zinsner emphasized, "This is going to be a phenomenal business," highlighting the shift from CPUs to GPUs in demand.
- Advanced Packaging Business Outlook — The advanced packaging segment is expected to ramp significantly by 2027, with projected margins of 40%. Zinsner noted, "This business is in the billions," indicating strong revenue potential per customer.
Read the full Intel Corporation transcript (August 26, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Intel Corporation
Intel Corporation (INTC) is a publicly listed company in the Semiconductors and Semiconductor Equipment industry, within the Information Technology sector. It trades on NasdaqGS and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 149 calls on record spanning January 7, 2020 to August 26, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 149 Intel Corporation earnings call transcripts on record, spanning January 7, 2020 to August 26, 2026. Based on this history, Intel Corporation reports quarterly. The most recent call on file is dated August 26, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- INTC
- Exchange
- NasdaqGS
- Country
- US
- Sector
- Information Technology
- Calls on record
- 149
- First call
- January 7, 2020
- Most recent
- August 26, 2026
- Reporting cadence
- quarterly