"Insiders are buying. Eight Intel directors simultaneously acquired common stock on May 7, 2026, mostly 12,552-share blocks tied to vesting events. The CH"
Commerce Secretary Howard Lutnick met repeatedly with Tim Cook, Elon Musk, and Jensen Huang to encourage partnerships with Intel, with President Trump also advocating for Intel in a White House meeting. Intel’s stock rose from roughly $20–$21 per share to about $125 per share after the government took a 10% equity stake. Intel reported Q1 FY2026 revenue of $13.577 billion, beating estimates by 9.22%, with Data Center and AI up 22% year over year and Intel Foundry up 16%. Gross margin expanded to 41.0% despite a $4.07 billion restructuring charge tied largely to Mobileye goodwill impairment. Q2 guidance calls for $13.8–$14.8 billion revenue and non-GAAP EPS of $0.20 at about 39.0% gross margin. Intel directors bought shares on May 7, 2026, mostly in 12,552-share blocks tied to vesting events.
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