# Intel posts fastest revenue growth in 15 years Chip giant regains momentum with AI push and data center growth - **Source:** [Business Insider](https://www.businessinsider.com) - **Published:** 2026-07-23 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/384a6f69-502f-43a3-841e-060a08264888 ## The chip giant's comeback Intel recorded its strongest revenue growth in over 15 years, with Q2 revenue jumping 25% to $16.1 billion. Shares surged more than 11% in after-hours trading following the news. CEO Lip-Bu Tan credited the performance to 'better execution,' emphasizing improved speed and customer focus. ## AI acceleration The Data Center and AI (DCAI) business grew 59% to $6.3 billion, signaling Intel's gaining traction in the AI race where it previously lagged behind Nvidia. These results came days after reports of planned layoffs in Intel's data center group as part of efficiency measures. ## Challenging past Intel struggled in recent years with manufacturing delays and missed the early AI boom, even losing its spot in the Dow Jones index. After receiving a 9.9% investment from the US government in 2025, the company is now betting big on its third-party chip manufacturing foundry business. ## Foundry strategy Intel's foundry model, which puts it in direct competition with TSMC, aims to diversify beyond chip design. However, the unit lost $2.1 billion last quarter and hasn't yet secured strategic customers. Analyst Jacob Bourne calls it 'a work in progress.' ## Operational overhaul CEO Tan attributes the improved performance to operational reforms including 'greater speed, accountability, and customer focus.' While streamlining its data center operations, Intel's AI investments are beginning to pay off, marking a potential turning point. ## Industry implications Intel's transformation could reshape semiconductor industry dynamics. Challenging Nvidia in AI chips and TSMC in manufacturing aligns with US goals for chip self-sufficiency. The company's resurgence may redefine competitive landscapes in both design and fabrication sectors. ## Sources covering this story - https://www.businessinsider.com/intels-ai-business-helps-fuel-strongest-revenue-growth-15-years-2026-7 — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._