On July 27, Intel rose 3.03% overnight, trading at $95.13/share, with turnover of $75.53 million. The stock stabilized following a sharp post-earnings selloff earlier in the week, aided by a broad semiconductor sector recovery.

Intel previously reported Q2 revenue of $16.1 billion, up 25% year-over-year — its strongest quarterly growth in nearly 15 years. Adjusted EPS of $0.42 doubled the consensus estimate of $0.21. Q3 revenue guidance of $15.8–16.8 billion significantly exceeded the $15.1 billion consensus. The Data Center and AI division surged 59% YoY to $6.3 billion. Despite the strong beat, the stock had fallen approximately 7.9% post-results as investors weighed a capex increase from $15 billion to $20 billion for the full year, with expectations of roughly $30 billion next year.

The broader semiconductor sector rallied in tandem, with Micron Technology up 4.15%, AMD up 3.07%, Broadcom up 2.42%, and TSMC up 1.88%. Multiple analysts raised price targets following results, including Wedbush to $98, RBC to $100, and Melius Research to $165.

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