Lip-Bu Tan says "strong demand for our products continue to outpace our growing supply" amid Q2 results

Intel CEO Lip-Bu Tan, discussing the company's second-quarter 2026 results, told investors that buyers are seeking more of its products than Intel can currently make. Intel reported $16.128 billion in quarterly revenue, with Data Center and AI sales rising 59% from a year earlier, and its stock has climbed about 318% over the past year to $102.94. The analysis weighs whether shares can reach $150 by 2027. It highlights Intel Foundry's $2.1 billion quarterly operating loss, an $11.033 billion GAAP net loss tied to a $12.53 billion non-cash CHIPS Act escrow charge, and the possibility of another equity raise as risks. Non-GAAP earnings per share rose to $0.42 from $0.15, and operating cash flow was $7.006 billion.