Intel and AMD shares have risen 144% and 147%, respectively, in 2026 as AI infrastructure investment expands from GPUs to CPUs. According to Sina Finance, citing Barchart columnist Sushree Mohanty, AMD currently has a clearer earnings-growth advantage than Intel, which remains in transition.

Intel’s Data Center and AI business reported second-quarter 2026 revenue of $6.3 billion, up 59% year over year, and operating profit of $2.5 billion. Its foundry business, however, posted a $2.1 billion loss. Analysts expect Intel’s earnings per share to reach $1.04 in 2026 and $1.44 in 2027; its forward price-to-earnings ratio based on 2027 estimates is about 62.3.

AMD reported second-quarter revenue of $11.5 billion, up 50% year over year. Data center revenue rose more than 100% to $6.7 billion, while adjusted earnings per share increased 82% to $1.66. Adjusted gross margin was 56%, and free cash flow totaled $1.6 billion. Analysts forecast 2026 earnings per share of $6.49, up 98%, and a 2027 forward price-to-earnings ratio of about 37. AMD has also agreed to acquire World Labs for $8.2 billion.

The article notes that AMD’s data center segment includes both EPYC server CPUs and Instinct AI chips. It also reports that AMD has set server CPU revenue records for five consecutive quarters, while Intel continues to work on restoring processor competitiveness and improving foundry profitability.