Intel (INTC) Revenue Grows 25% as Losses Total $11.3 Billion

Intel (INTC) closed at $91.13, up 11.3% amid a chip sector rebound. Over the past year, Intel has recorded a net loss of $11.3 billion, primarily due to non-cash accounting charges rather than operational issues. In Q2 2026, Intel's revenue surged by 25% year over year to $16.1 billion, although it reported a net loss of $11.0 billion, largely from a $12.5 billion non-cash charge tied to the CHIPS Act. With a projected gross margin increase to 41% in Q3, management forecasts earnings of $0.31 per share, indicating potential profitability in 2027, which may interest investors seeking growth in the semiconductor sector.