Intel's second quarter revenue jumped 25% to $16.1 billion, handily beating estimates.

Intel reported second quarter revenue of $16.1 billion, a 25% year-over-year increase, with non-GAAP earnings per share of $0.42, a significant reversal from the loss of $0.10 in the same quarter last year.

Key Highlights

• The Data Center and AI (DCAI) segment showed exceptional strength, with revenue climbing 59% year-over-year to $6.3 billion.
• Intel Foundry revenue grew 31% year-over-year to $5.8 billion, exceeding analyst expectations for the key segment.
• The company demonstrated significant operating leverage, as non-GAAP gross margin expanded by 12.1 percentage points year-over-year to 41.8%.