NEW YORK — Intel Corp. shares closed at $119.84 on May 22, 2026, up 1.13 percent on the Nasdaq as the semiconductor company continued to show signs of recovery in its data center and artificial intelligence businesses amid ongoing restructuring efforts.

The stock traded in a range between $117.50 and $121.20 during the session. In after-hours trading, shares fell to around $118.15. Intel has experienced volatility in 2026 as investors monitor its progress in regaining market share in AI servers and advancing its foundry operations.

Q1 2026 Financial Results

Intel reported first-quarter 2026 revenue of $13.6 billion, up 7 percent from the prior year. The Data Center and AI segment grew 22 percent to $5.1 billion, while Client Computing Group revenue rose 1 percent to $7.7 billion. The company posted a GAAP net loss of $3.7 billion, or $0.73 per share, largely due to $4.07 billion in restructuring and impairment charges. Non-GAAP earnings per share were $0.29.

Intel guided second-quarter 2026 revenue between $13.8 billion and $14.8 billion. The company highlighted progress on its 18A manufacturing process and noted sold-out AI CPU capacity earlier in the year.

Business Strategy and Foundry........

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