Intel Exceeds Revenue Expectations
Intel's Q3 revenue forecast of $15.8 billion to $16.8 billion significantly exceeds the $15.1 billion average analyst estimate, marking a turnaround fueled by data center spending.
234Bloomberg Daybreak: Asia Edition
Intel's Q3 revenue forecast exceeds Wall Street estimates as data center spending booms, while Asia leads the global push for nuclear power to meet AI energy demands.
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Key takeaways
Intel's Q3 revenue forecast of $15.8 billion to $16.8 billion significantly exceeds the $15.1 billion average analyst estimate, marking a turnaround fueled by data center spending.
234Stocks and bonds fell as doubts emerged regarding returns on billions spent on artificial intelligence, coinciding with rising oil prices that reignited inflation concerns.
5Energy is identified as the biggest constraint for the global AI buildout, prompting many countries, particularly in Asia, to turn to nuclear power to meet demand.
7Bloomberg TV hosts Haidi Stroud-Watts and Shery Ahn discussed the tech story with Dan Ives of Yorkville Ives, and the nuclear push with Nobuo Tanaka of the International Energy Agency.
67Ask GenPod next
“How does the current AI spending compare to previous tech booms?”
“What are the specific nuclear projects underway in Asia?”
“What impact do rising oil prices have on AI infrastructure costs?”
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Sources and disclosure
Evidence-grounded summary based on Bloomberg Daybreak: Asia Edition episode published on 2026-07-24.
Business and finance news from the Asia-Pacific.
Intel Corp. delivered a revenue forecast that shattered Wall Street estimates as booming data center spending fuels a long-awaited turnaround.
Sales will be $15.8 billion to $16.8 billion in the third quarter, the company said Thursday.
Even the low end of that range would easily clear the $15.1 billion average analyst estimate.
Meantime, Stocks and bonds fell as doubts over returns from billions of dollars spent on artificial intelligence coincided with a surge in oil prices that rekindled inflation concerns.
For more on the tech story, Bloomberg TV hosts Haidi Stroud-Watts and Shery Ahn spoke to Dan Ives, Partner and Senior Managing Director at Yorkville Ives.
Plus - Energy is the biggest constraint of the global AI build out. Many countries are turning to nuclear power to address it. Perhaps nowhere better reflects the global nuclear push than Asia. Bloomberg TV host Shery Ahn spoke to Nobuo Tanaka, International Energy Agency Executive Director Emeritus.
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