Intel shares rose by 14% after the company reported a surge in sales and predicted continued strong demand for its products. The stock was trading at $76.25 per share, the highest point in Intel's history. CEO Lip-Bu Tan noted that the company is benefiting from the shift towards the use of artificial intelligence in computing tasks, which is increasing demand for Intel's chips and services. First-quarter sales totalled $13.6 billion, up 7% from the same period in 2025, marking Intel's fastest quarterly growth in two years. The company expects sales to grow by around 10% in the current quarter compared to the second quarter of 2025.