Intel sold $6.5 billion in bonds to investors.
The offering was 7.7 times oversubscribed.
The company reported first-quarter 2026 revenue of $13.6 billion.
Total revenue increased 7% year-over-year.
Data Center and AI division revenue reached $5.1 billion.
This division revenue surged 22% year-over-year.
Non-GAAP earnings per share reached $0.29.
The result beat the consensus estimate of $0.01.
Intel's stock price surged between 25% and 28% following the announcement.
The performance reflects investor optimism regarding Intel's artificial intelligence strategy.