Intel has a new brand for standalone graphics: Arc.
Intel has a new brand for standalone graphics: Arc.
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Intel hits Q1 targets with revenue of $18.31B but falls short on Q2 estimates

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

Intel reported that its first-quarter revenues and profits were above expectations, as the chip giant beat Wall Street estimates. But its forecasts for future quarters put a damper on the results.

On a non-GAAP basis, Santa Clara, California-based Intel reported net income of 87 cents a share, down 35% from a year earlier and 7 cents above guidance in January. Non-GAAP revenue for the quarter was $18.4 billion, down 1% from a year ago and slightly above guidance in January.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.