Intel second quarter earnings top estimates on AI-driven demand growth Proactive uses images sourced from ShutterstockIntel Corp (NASDAQ:INTC, XETRA:INL) shares jumped nearly 11% in after-hours trading after the chipmaker reported second quarter results that exceeded Wall Street expectations, driven by stronger demand across its data center and client computing businesses and a better-than-expected outlook for the third quarter. The company reported second quarter revenue of $16.1 billion, up 25% from a year earlier and above analyst expectations of $14.43 billion. Intel forecast third quarter revenue of $15.8 billion to $16.8 billion, above Wall Street expectations of $15.1 billion. "Our Q2 results represent our strongest revenue growth in more than fifteen years, enabled by greater speed, accountability, and customer focus." He added that AI-driven compute demand continues to strengthen and that Intel is increasing investments in equipment, clean room space and substrates to support expected growth.