AI Hype Delivers Intel Its Fastest Revenue Growth in 15 Years
The AI infrastructure buildout is so massive that it has brought a once-ailing Intel back from the dead. The chipmaker recorded its fastest revenue growth in 15 years this past quarter, driven almost entirely, it seems, by rising chip demand from AI data centers. The situation got dire enough that the previous CEO, Pat Gelsinger, was pretty much ousted in December 2024; the new CEO, Lip-Bu Tan, took over in March 2025 with promises of a major comeback; and the Trump administration stepped in with a 10% stake in August.
- ▪The AI infrastructure buildout is so massive that it has brought a once-ailing Intel back from the dead.
- ▪The chipmaker recorded its fastest revenue growth in 15 years this past quarter, driven almost entirely, it seems, by rising chip demand from AI data centers.
- ▪The situation got dire enough that the previous CEO, Pat Gelsinger, was pretty much ousted in December 2024; the new CEO, Lip-Bu Tan, took over in March 2025 with promises of a major comeback; and the Trump administration stepped in with a
Opening excerpt (first ~120 words) tap to expand
The AI infrastructure buildout is so massive that it has brought a once-ailing Intel back from the dead. The chipmaker recorded its fastest revenue growth in 15 years this past quarter, driven almost entirely, it seems, by rising chip demand from AI data centers. In the second quarter of 2026, Intel’s revenue was up 25% from the same time last year, with a 59% increase alone from its data center and AI business, according to the company’s earnings…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Gizmodo.