Intel to Benefit From AI Component Supply Crunch, CEO Says -- Market Talk

Intel should be a beneficiary of the supply crunch in components used to power artificial-intelligence infrastructure, CEO Lip-Bu Tan tells analysts on a Thursday call. The industry "is facing one of the most severe supply constraints in its history across leading edge logic, silicon wafers, memory, and subscripts. These shortages will persist for the foreseeable future," he says. "Intel is well positioned to benefit from this strong sustained demand." Intel plans to ramp its investments to support what looks to be an improving demand outlook, Tan says. Intel shares are up 1.7%, paring back gains from an after-hours rally after the company posted second-quarter results well above Wall Street expectations. (elias.schisgall@wsj.com)

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July 23, 2026 18:25 ET (22:25 GMT)