BRIEF-Intel lifts CapEx guidance to $20 billion for 2026

July 23 (Reuters) - Intel Corp INTC.O:

• INTEL PLANS TO RAISE CAPITAL EXPENDITURES FROM $18 BILLION TO $20 BILLION FOR 2026 - CFO DAVID ZINSNER IN INTERVIEW

• INTEL Q2 NON-GAAP GROSS MARGIN 41.8% VERSUS IBES ESTIMATE 38.76%

• 23 Jul 2026 04:00:08 PM - INTEL Q2 REVENUE $16.13 BLN VS IBES ESTIMATE $14.42 BLN

• INTEL OUTLOOK Q3 NON-GAAP GROSS MARGIN 42.0% VERSUS IBES ESTIMATE 39.77%

• INTEL Q2 ADJUSTED EPS $0.42 VERSUS IBES ESTIMATE $0.21

• INTEL OUTLOOK Q3 ADJUSTED EPS $0.38 VERSUS IBES ESTIMATE $0.27

• INTEL: Q2 CONSOLIDATED CONDENSED FINANCIAL STATEMENTS YOY WAS IMPACTED BY DECONSOLIDATION OF ALTERA

• INTEL OUTLOOK Q3 REVENUE $15.8 BILLION-$16.8 BILLION VERSUS IBES ESTIMATE $15.10 BILLION

• INTEL PLANS FOR CAPITAL EXPENDITURES 'TO BE UP MEANINGFULLY' IN 2027 - CFO DAVID ZINSNER IN INTERVIEW

• INTEL SIGNED LONG-TERM AGREEMENTS WITH CUSTOMERS TO SUPPLY CPUS AND XPUS - CFO DAVID ZINSNER IN INTERVIEW

• INTEL'S LONG-TERM CHIP SUPPLY AGREEMENTS RANGE FROM 3-5 YEARS, WITH SOME INCLUDING BOTH VOLUME & PRICE COMMITMENTS - CFO DAVID ZINSNER IN INTERVIEW

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