INTC Q2 financial report: Exceeding expectations across the board, AI begins to deliver on performance Intel's Q2 revenue was $16.1 billion, a year-on-year increase of 25%, setting the fastest revenue growth rate in 15 years; Non GAAP EPS of $0.42, far exceeding market expectations of $0.22; The gross profit margin is 41.8%, which is also higher than market expectations. The real highlight comes from AI. Data Center&AI (DCAI) revenue reached $6.3 billion, a year-on-year increase of 59%, becoming the company's fastest-growing business; Foundry's revenue increased by 31% year-on-year, while losses continued to narrow. The management stated that AI is driving comprehensive growth in demand for CPUs, ASICs, advanced packaging, and wafer foundry, while the improved yield rate and shortened production cycle of the 18A process are also important reasons for exceeding expectations this quarter. More noteworthy is that the company has raised CapEx from $18 billion to $20 billion in 2026 and stated that capital expenditures will significantly increase in 2027. This means that Intel has not seen a slowdown in AI infrastructure demand and is continuing to expand investments in equipment, cleanrooms, and advanced production capacity to meet the growing demand for AI computing power. Short term bullish on Google and next week's tech giants' capital expenditures, with good financial reports, but be careful not to let the macro environment and the overall market bring down semiconductors. It should be in Q4 to reach new highs and create new glory. The SOXX Philadelphia Semiconductor Index is now experiencing an oversold rebound after a four week decline. This week's rebound will last at least two weeks, and it will continue to rise next week because the capital expenditure of the giants' financial reports will only be more, but be careful not to let the giants' financial reports lead to a collapse of the market. Be good at hedging.