Intel Revenue Jumps 25% as AI Growth and SK hynix Partnership Talks Boost Outlook

Key Facts

1Intel's Q2 revenue rose 25% year-over-year to reach $16.1 billion.

2The Data Center and AI segment grew by 59% while Foundry revenue increased by 31%.

3Talks regarding a potential partnership with SK hynix are strengthening external demand for Intel's U.S. manufacturing facilities.

Amid a strategic shift in the semiconductor industry toward bolstering domestic production, Intel has reported strong Q2 results that underscore its ongoing turnaround. According to reports, the company's revenue rose 25% year-over-year to reach $16.1 billion. This growth was primarily driven by the Data Center and AI segment, which surged by 59%, alongside a 31% increase in Foundry revenue.

Ongoing talks regarding a potential partnership with SK hynix are further strengthening the outlook, as the move aims to boost external demand for Intel's manufacturing facilities in the United States. Per market data, INTC shares closed at $108.6 and SKHY shares at $187.5 as of September 18, 2026. These strategic maneuvers reflect the company's ambition to capture a larger share of the global AI supply chain by leveraging its expanding foundry capabilities.

Investors are currently watching for INTC to maintain stability above the $106.4 support level reached on September 18, 2026, while $110.49 serves as immediate resistance. With no major upcoming semiconductor-specific catalysts in the economic calendar, market focus will remain on official confirmations regarding the SK hynix partnership to gauge the long-term sustainability of foundry revenue growth.