Intel shares end at $91 amid foundry unit lag despite surge in AI server sales

NEW YORK, August 4, 2026 - Intel (INTC.O) finished trading at $91.00 on Monday, up 0.9%, as strong growth in its AI server business contrasted with weaker performance in its foundry unit, which continues to trail the sector. Only 5.1% of the foundry segment's revenue in the second quarter came from external customers. Foundry reported a $2.09 billion loss, amounting to 84% of DCAI's operating profit. Intel's data-center division is seeing rapid growth. However, the economics of the foundry business are still key to the company's upcoming turnaround phase. The more pressing concern lies within foundry revenue. Last quarter, Intel recorded $5.765 billion for this segment. Of that amount, just $293 million, equal to 5.1%, was generated from external clients. Altera's shift in reporting status accounted for the majority of external growth. The vast majority of foundry operations continue to support Intel's internal product lines. Server earnings continue to drive investment in manufacturing growth. Data Center and AI segment revenue was $6.262 billion, up 59% year-over-year, with operating income of $2.474 billion and 40% operating margin. Client Computing and Physical AI revenue was $8.877 billion, up 13%. Foundry revenue was $5.765 billion, up 31%, but with an operating loss of $2.089 billion. The factory unit has shown improvement, with its loss margin falling to 36%, compared with 72% a year ago. Still, more expensive 18A wafers cut product profit by $340 million. Intel increased its projected 2026 capital expenditure to $20 billion, up from $18 billion. Chief Executive Lip-Bu Tan stated, AI is driving unprecedented demand for compute.